GBP/USD

At the end of yesterday, the pound sterling fell by 46 points, keeping the falling mood to a target of 1.2530. The Marlin oscillator signal line on the daily negative number area is in the declining trend zone. On the four-hour chart, the Marlin signal line never came out of its own extended consolidation. This signals a possible consolidation and pricing ahead of tomorrow's holiday in the United States. Perhaps the price will consolidate below the level of 1.2610. Taking into account the lethargy of the Marlin oscillator on H4, it is possible that the price will exceed this level. But in general, the trend for all indicators is decreasing, as a result, we are waiting for the pound at the price of 1.2530. Consolidating the level opens the target of 1.2305 - support for the daily price channel.