On the daily chart the pair fell to the Fibonacci correctional level of 50.0% - 1.5852 and met the rebound and turn in favor of the pound. Emerging or already formed new divergences not.
Fixing prices for correctional Fibo 50.0% level the pair will continue to fall in the direction of the next level of Fib 61.8% - 1.5744, but in light of the reversal of quotations in favor of the pound entrenchment unlikely. But the release rate from the 50.0% correction level for the fib can expect to turn in favor of the pound and the rise to Fibonacci correctional level of 38.2%. Stochastic allows reversal of quotations in favor of the pound, especially at the level of the corrective rebound from 50.0%, which is what happened. Other indicators also increase the likelihood of rebound.
Two bullish divergence in MACD and CCI indicators allowed the pair to perform a turn in favor of the pound and the consolidation of the Fibonacci correctional level of 50.0% - 1.5901. Fixation rate below the 50.0% correction will perform a pair of reversal in the U.S. dollar and begin to fall to the level of correction of 61.8% - 1.5806. But if it is below the level of correction pair falls, the rate will continue to rise in the direction of the next correction level 38.2% - 1.6001. Brewing for divergence has not yet been observed. It should be noted that the high location Stochastic not return prices to the level of 50.0% correct, but other indicators increase the likelihood of continued growth of quotations.