price reach to a strong support at 1.1050 area.it seems price can't break this support and returns back to bullish trend in its rang channel.
I think it worse to try it with showed tempting risk to reward ratio
OANDA:GBPUSD
it seems that there is a head and shoulder pattern that price has a pullback to its neck line 1.2247 and continues to its bearish trend.
if price can break 1.2180 area it can fall to 1.2125 region