Upcoming Movement of the GBP/USD Pair on the Daily Timeframe

The GBP/USD pair is still moving within a general downtrend.

This is due to distribution activity on the daily timeframe.

Current behavior so far supports continued downward 

movement in the long term.

However, we may see some corrections and a rise 

to test the broken support levels near 1.31400.

If the decline continues, which is expected in the long term,

the pair will target the buying demand zones below,

which are located near the 1.2831 level.

This is considered one of the best buying zones currently for the pair.

A rise to 1.2940 and 1.3070 is expected from there.