The Location header names the next path.
Location gives the next path
The Location header is parsed from the response bytes.
Location parsed
The next path is /new
The Location row names /new as the next path.
next path=/new
The next path is a header value
The body is empty here; the useful redirect target is in the header.
header carries next path
Summary
The response points from /old to /new.
/old→/new