If we look and pay attention to the 4-hour chart of the main currency pair GBP/USD, you will see hidden deviations between the Cable price movement and the Stochastic Oscillator indicator and the EMA 50 & EMA 200 are still in Death Cross condition, which all indicates that the condition of GBP/USD on the 4-hour chart it is in a bearish condition so that in the near future GBP/USD as long as there is no upward correction beyond the 1.2500 level has the potential to fall down to test the 1.2352 level.
(Disclaimerr)