I don't know why, but It will surely will rise up again, market are always like this, history repeat it self, look for an opportunity for buy and just wait up until your winnings you desire is enough, US data will fail next week.
NFP later, looking forward for the positive US data, 2030H
Still have time to get some, if data goes good then it will exceed this level to 1.306
Rate can be a possible on of the cause for US to flip the trend, also the reports later and tomorrow, good luck to all of us.
Manufacturing PMI later, managers moved last month it will be a good one, let's go trade and buy some pips.
After the disappointing Data of Britain, this will go down and will continue if the US data goes better tomorrow at 19H..
The support line is really close now, and US investors still have to think twice about Fed possible increase in rate. and the Data should be low at this point, 10am EST we will know.
Based on the graph and trend it will go up, hurry until it does not react 1.315
US data will be release soon, but before that GBP will go up... still have time to get some.