Though there is bearish divergence forming, there is also a bullish hidden divergence forming at H4. I believe that price may go beyond 1.2384 because of the hidden divergence. But have to be cautious about the bearish divergence forming.
bearishdivergencebullishhiddendivergenceCommodity Channel Index (CCI)GBPUSDTechnical IndicatorspriceactionTrend Analysis

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