Back below 100 hour MA
The GBPUSD fell back below its 200 hour MA earlier in the day (London morning session) and has remained below since then (green line).
The last 5 hours has seen the price trade above and below the 100 hour MA (blue line) and also a swing area in the 1.28167-26 area. Stay below, give more control to the sellers.
Now, it may just be another falled attempt. So watch the 100 hour MA, but if the sellers keep the pressure on, the lower trend line at 1.27837 will be eyed.