Cheers to my Hooligans in London

Looks like my boys(and girls) out in London are done taking profits from this years buying frenzy. GBPUSD looks to be a little exhausted from all its recent selling. Yesterday the pair posted a measly doji candle  at what seems to be the bottom of a  2 month correction/ sell-off. Coincidentally this level is just above 1.600 OR the 50% retracement level of the initial move upward that started in 2013. As of now the price is at a yearly low of 1.62030 but looks to be setting a reversal in motion. After the doji posted yesterday September 9, GBPUSD closed at 1.61051; today the pair showed some strong support and took the price soaring to 1.62295, some 124.4pips!! In the figure below you can see the recent moves and important price levels to watch in the near future.

I'd be looking to build my buy around these low levels in anticipation of a reversal in the near future. My confirmation will be the 1.64 support on the way down turning into broken resistance on the way up. As for now we wait.