Sterling is under the down trend pressure and it's likely to form the right shoulder, which means the it'll test support at 1.2850.
The target is 1.2850. Turning point: 1.2910. Under 1.2910, bearish , target price is 1.2875, then 1.2850. Above 1.2910, bullish , target price is 1.2940,then 1.2960. Even if we can't rule out the possibility of continuous adjustment, its time should be limited.