After another test of the previous of 1.3163, GBP/USD still managed to break this mark and now the price continues falling down. It should be noted that the fall of the pair was rather sharp , but on small , so it is impossible to single out a specific new level. Despite this, this signal is a good pointer. Moreover, there is a large accumulation of at the top of the chart, which exerts additional pressure on the price. Given all these factors, it is worth giving preference to short positions on this instrument. Sales should be opened after the appearance of large in the market and a rapid fall of the price after that. This scenario gives us a good place for the stop loss - just above the beginning of a fall of the price. The target is a local minimum.
The bottom line: short positions are in priority.