The GBPUSD broke through the key 1.6187 level and this is leading to increased selling pressure in the pair. The price is testing the low from yesterday at the 1.6158 level. The next support level comes in at 1.6126 and then 1.6066 which is the S5 This is a key target as long as the price remains below key resistance.


For now watch the 1.6187 level. Staying below this level is key for a more sustained move lower for the pair. Bias to the downside.