4h
In the 4-hour chart, the GBP / USD pair continues to have a price decline towards the corrective level of 100.0% - 1.2707 on the back of the formation of the bearish divergence.
Bearish divergence in the CCI indicator: the last peak of price moved lower compared with the previous one and does not coincide with the final peak of the indicator.
Daily
In the 24-hour chart, as the bearish divergence is formed, the downward process also continues moving towards the Fibo level of 200.0% - 1.2653.
