GBPUSD has formed the 2nd triangle. However, it's under the pressure at 1.3115, Sterling is likely to go down.
The target is 1.2955. Turning point: 1.3115. Under 1.3115, bearish , target price is set at 1.3020, then 1.2955. Above 1.3115, bullish , target price is 1.3170,then 1.3215.
RSI technical indicators are bearish and have a further downward trend.