Personal opinion of the analysis of the British pound and the US dollar currency pair:
It seems that the price tends towards the supply area, which is close to the level of 1.26934. If it tends to this area, it should witness the resumption of the downward trend from the area of 1.26780.
It seems that the price tends towards the supply area, which is close to the level of 1.26934. If it tends to this area, it should witness the resumption of the downward trend from the area of 1.26780.