Approaching support at 1.26617 or ??

68
There is 2 possibility,
(1) Approaching support at 1.26617 or
(2) Approaching resistance at 1.31747
...
If the price breaking support then lower hight toward 1.19048 where we expect to rebound
You can try look at weekly to get the bigger picture on the structure https://www.tradingview.com/chart/GBPUSD/p3hvVOUf-Approaching-support-at-1-26617/

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.