If we have same mirror move of increase than we will have same for fall as well.
Due to BOE Interest rate increase and slowed down Brexit talks and High USDIndex(which must make a correction as well),
I think there will be up movement first till 1.3700.- and than end of August with Bad Brexit news or No Brexit news and completed correction of USDindex ,again a fall till 1.26 till end of your. So this is my plan for buy and short