Daily: the bearish inside bar continues to work out. But there is a contradiction here. The fact is that the breakdown of the upper envelope is also unfinished.

H4: There is a very strong demand zone at 1.2431-1.2452, where the bottom Bollinger band converges with the daily average. Thus, the bulls will have the advantage.

H1: The lower Bollinger envelope was broken intraday. Such layering of differently directed signals can be maddening. But traders will have to figure it out somehow. Most likely, the pound will sell out from the area of 1.2502-1.2511, and buy to the area of 1.2431.

Conclusions: consolidation in the range of 1.2431-1.2511.

Recommendations: trade in the range of 1.2431-1.2511.