The GBP/USD is showing a bearish M pattern. The price is at support so we might have a possible move down as a breakout or a bounce up.
The POC zone marks the potential reaction of the price. Zonal support 1.3060-80 is where the price might act. H1 close below and next levels to watch are 1.3035 and 1.2981. If the price makes a bounce then watch for 1.3146. Only a close above 1.3146 could make the price bounce further to 1.3203. Watch for the POC zone and reaction there.
