The GBPUSD has moved below the neckline trendline in the daily chart at the 1.6161 level and have seen a move to new lows for the day at the 1.6143. The 1.6112 level has already been taken out These are the lows from the neckline. The bias is to the downside as long as the price can remain below the 1.6137 level. The -1.270 looks mighty inviting for the next target,