The price is in a descending channel. Considering that the orange trend line has been broken and a pullback has also been done, if the blue trend line is also broken, I will enter in the direction of selling.
* My entry price is 1.2686, which is a little lower than the last floor pivot, the first price target is 1.2650 and the last target is the bottom of the descending channel (1.2611),and Stop Loss is 1.27109
*The green range is the support area, change the time frame to see it better
Chart PatternsGBPUSDgbpusdshortTrend Analysis

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