Sterling’s bearish price-RSI divergence followed by a bearish break frm the rising trnd. line has opnd doors for slide to 1.4165 (23.6% Fibo 1.5230-1.3835).
If penetrated, that would be a sign the bulls have lost control, leading to a choppy trading as bears would await to see if the daily closing is below 1.4165
On the higher side, an rebound and a hourly close back above the trend line levels would see shift risk in favor of a break above 1.4248 and rise to 1.4295 (trend line resistance).
A break, though as of now appears unlikely, could translate into a rally to 1.4330 levels.