The possibility of a drop in the price of the pound

Personal opinion analysis of the pound dollar currency pair: price after suffering
Inside the broken down rectangular area, after making a price stop to the broken area of the specified area, we should probably see the price of the pound drop to the 50% or 61% Fibo range.

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Note: the pressure of buyers was superior, but it was reversed and the pressure of sellers was superior when the resistance of 1.2655 was called.

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Note: The price is equal to the possibility of a fall and is close to the support of 1.2518. If this area and support at 1.2500 prevent further declines, we are likely to have a corrective return at 1.26256. And continue to fall more than the range of 1.26256