The British Pound is weakening despite the earlier strengthening of the economy

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GBPUSD

The currency pair fell a bit lower than expected, so I take into account a further decline again. A decline that I showed in the middle of the year with a huge range. Currently, the chart shows that investors have made another attempt at the support test I have marked. As you know, each subsequent such attempt weakens the level, which increases the chance of a breakthrough. In this case, the fourth or fifth attempt to break the support may already be the one that will cause the price to drop significantly. Next stop possible around 1.300xx which is around 200 pips (but not the final level ..)