The pound approached the first target level of 1.3160 by 34 points by the end of Monday. The success of the bears, that is, overcoming this support, will open the second target at 1.3012 - the October 2019 high. The Marlin Oscillator is declining in the negative area. The general trend is downward.
On yesterday's four-hour chart, the strength of the resistance of the MACD indicator line was confirmed - the price turned down from it (arrow). The Marlin Oscillator is developing in the negative area. We look forward to further declines.
