GBP/USD - Relief Rally Before Deeper Retest?British Pound Sterling / United States DollarCMCMARKETS:GBPUSDBluetonaFXHi everyone, Our anticipated move towards 1.36850 following the break of 1.35300 played out perfectly. As expected, the reaction from the 1.36850 zone was strong, pushing GBP/USD back below 1.35300 and extending lower before finding support near the 1.33800 level. Looking ahead, we expect the relief rally to continue towards 1.35300 before GBP/USD resumes a move lower towards the August 1st low. While we anticipate a retest of this level, our view remains that it will provide a base for renewed buying interest to build from. We’ll be monitoring price action closely to see how this structure develops in the sessions ahead. The longer-term outlook remains bullish, with expectations for the rally to continue extending from the 1.20991 January low toward 1.40000 and 1.41700. We’ll keep you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes, boosts, comments, and follows — we really appreciate the support! All the best for the week ahead. Trade safe, BluetonaFX