Cable’s bearish close below 1.3056 yesterday after having failed at 1.3315 (23.6% of 1.5019-1.2789) has opened doors for a drop to 1.2875 (July 7 low).
Daily MACD is slowly tilting in favor of bears and the daily RSI is heading lower below 50.00 levels as well.
On the higher side, only a day end close above 1.3056 would signal bearish invalidation.