GBPUSD MARKET ANALYSIS UPDATE

Hello traders, here's an update of the previous GBPUSD analysis that I posted earlier. Price failed to get to my anticipated target and instead retraced during Asian session into London session back to the previous H1 high at 1.27870 below the key H1 & H4 supply zone at 1.28533 & 1.28072. Price gained strong bullish momentum taking out the liquidity at the H1 high at 1.27870 below supply and rallied to the key H1 & H4 supply at 1.27870 during NY session after which price formed a strong rejection wick on H1 & H4 with candle close below supply followed by a strong drop after the CPI news release. Price gained strong bearish momentum dropping 130 pips in all bearish candles to 1.26700, lower than my previously anticipated target of the H1 low at 1.26900. I should've taken the sell positions after price rallied into supply and formed the rejection wick as price had taken out liquidity and was ready to shift bias to strong bearish.