The 1.2698 area is now eyed
The GBPUSD is getting hit and trades at the lowest level of the day. As per the previous post, the price fell to a trend line, stalled at that level and rebounded up to to the 200 hour MA. Sellers leaned there and have now pushed below a lower trend line and more selling is coming in.
The 1.2698 area is a target below. That was the low on Monday and again yesterday.