Pivot point: 1.3550 .
The expected scenario: Entering short deals at the lowest levels of 1.3550, targeting the 1.3350 levels.
Alternative scenario: entering long positions at the highest levels of 1.3550, targeting the levels of 1.3700.
Comment: The GBP/USD pair is still in a general bearish trend through the descending price channel, which worked to reduce the price from 1.3800 levels, and in light of the price breaking the moving averages 100 - 50, we expect a short-term corrective bounce for 1.3550 levels, and from completing the current downside wave.
