The new GBP index analysis supports the decline .

The index moves in a tangential path as can be seen on the chart The index was able to break a strong uptrend on the watch frame .

Discharge signals are already beginning to appear ..

In case of breaking the support zones shown and closing below them With the closing below the moving 100, a decline is expected For the goals shown on the chart .

Which means an expected weakening of the pound currency .