Walton's 3rd Bagatelle phrasing

[Mike_Kinny]

Hi everyone,

This is the first page of William Walton's Bagatelle No 3.
While Bream's phrasing is very interesting as a first time to play this piece I find an alternative phrasing more natural. Although after some time playing it I might prefer another phrasing.
What's your phrasing of this piece? There's an unmarked picture for you to mark your own phrasing.

Gracias a todos guitarristas who have their own interpretation.