GBPUSD MARKET ANALYSIS

 Good morning traders, here's another setup on a pair that I've been watching out for this week which is GBPUSD. Price rallied to the major H4 supply zone at 1.28460 & 1.27940 filling the H4 range from the major H4 supply zone to the H4 demand zone at 1.27080 & 1.26650 and back to the major H4 supply zone. Price formed a fake breakout on H1 & H4 with candle closes above supply but on the daily formed a rejection wick with candle closes inside supply followed by a drop back into the zone. Took sell positions during London session at 1.28408 with SL at 1.28800. Setup taken is a rally base drop, a reversal setup and my target is at 1.27100.