I found an idea that sterling would meet it's supply area @1.40700 since the market retest the flip-over S/R, breaking the bearish trendline, formed a bullish pennant pattern, and made a multiple bullish divergence on oscillator in confluenced as a bullish continuation signal.
Comment:
We've got an inside bar on the bearish trendline. Bullish invalidation would start if price goes down to break the mother candle and close below the bearish trendline