The best buy zone of gbpusd read the caption

In the bigger picture, price actions from 1.3141 medium term top are seen as a corrective pattern to up trend from 1.0351 (2022 low). Fall from 1.2882 is seen as the third leg. Deeper decline would be seen to 1.2034 support and possibly below. But strong support should emerge from 61.8% retracement of 1.0361 to 1.2453 at 1.1411 to complete the correction