GBPUSD-STERLING 2020'S FAITH ? (LONG TERM PERSPECTIVE)

GBPUSD-IN ORDER TO RESPECT SHORT MOMENTUM FROM 1.33300 TO 1.14700 WHICH IS EQUIVALENT TO APPROX 2000 PIPS MELT.RECONSIDERATIONS WERE MADE THAT WE MIGHT SEE PRICE RETRACING BACK TO MY PERSONAL POTENTIAL MAJOR CEILING AT 1.27300 AND ALSO ACTING AS MY MONTHLY RESISTANCE {61.80% FIB} RANGE.PRICE BROKE LOWER THAN 2017 AND LAST YEAR SEPTEMBER LOWS INDICATE LONG TERM DOWNTREND POSSIBLE NEW LOW?