GBP/USD: ANALYSIS, RESISTANCE, PULLBACK STRUCTURE

You can see that the potential uptrend could be going right back up to previous structure levels. I believe that the volume of the long would be limited, this could be considered a pullback reversal. However the 1.32 barrier could be treated as resistance, in which there could be another pullback to carry on the bearish trend where the trend would follow into structure levels.

Opening point: 1.3184
Target point: 1.3076
Exit point: 1.3235