Technically, the British Pound MACD is curving Down. The market suggests a turnover, signaling for bear trending selloffs to reach under the 1.2999  swing low. A close under Friday’s 1.2911  low will help motivate selloffs. Any corrective recovery action should stay trapped in last week’s range to maintain bear trend signals. 
 
R2          1.3127
R1          1.3085
 
S1          1.3041
S2          1.2999