GBP/USD, two possible scenarios. Which side are you on: A or B?

As it can be inferred from the chart, the price has reached an important key level. From here, we will be closely monitoring the price and waiting for more confirmations before opening positions and aiming for the areas shown on the chart. If the price manages to break and re-test the local zone of interest, we will be looking for long positions. On the other hand, if the price manages to nicely reject the key area, we will be looking forward to opening Sell positions and aiming for downstairs!