GBP/USD is currently rejecting off 88.6 after it dropped straight from the POC zone I showed. 88.6 has held the drop, making a double bottom and the GBP/USD is rejecting. New POC comes around 1.2970-1.2990 (H3, W.P.P. 78.6, X-cross) and the rejection might spike it up to 1.3060 where we see a confluence of a steep trend line and previous top.
Further advancement targets 1.3090 zone and ONLY above it, is there a scope for 1.3170. If the 4 hour candle closes below 1.2930, then the price might proceed to 1.2865.