GBP/USD Daily
The interest rate cut and upping the Bank of England's QE program was enough of a factor to make the rate break down the consolidation period after the massive Brexit drop.
The rate had formed a bearish pennant which has now triggered, and the immediate attention should be turned lower to the approximate 61.8% breakout target at around the major psychological level at 1.2000.
Only a daily close above the falling gap resistance above 1.3600 would invalidate my immediate bearish outlook for the pair.