Daily chart: breakdown of the lower Bollinger envelope will continue to be the dominant signal compared to yesterday’s bullish momentum. The decline in quotations can be continued at any time. The stopping support is the level 1.3776.

Н4: the local descending phase has already led to the price going into the lower Bollinger envelope. Besides, the support area 1.3776, where the lower Bollinger band is located, is also highlighted here.

Н1: within the day, the bears are successfully attacking the lower Bollinger envelope, and the ADX indicator is in the trend zone. Therefore, we confirm the negative forecast for the pound.

Conclusions: decline to 1.3776.
Trading decisions: sales to 1.3776.