GBP/USD drops further on the short term and seems too heavy to be stopped. Price has broken through the confluence area formed at the intersection between the 250% Fibonacci line of the ascending pitchfork with the median line (ml) of the descending pitchfork. The pair is almost to hit the 1.3046 static support, where he could find temporary support. The breakdown below the 250% line and below the median line (ml) still needs confirmation. I’ve said in the previous reports that a valid breakdown will conform a larger drop.
