GBP/USD daily strong bearish engulfing pattern accompanied with strong daily bullish DXY.
If we break 1.2985 and close below it by daily candle then we should extend bear bear forces targeting 1.2929 61.8% fib level, 1.2820 0.786% fib level , and potential 1.2530+ 1.27% extension.
Two months consolidation period.
Currently approaching lower border of ascending...