GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4376. As long as the price is below the trend line, the downside movement could be expected to continue and next target would be at 1.3400 area. On the upside, a clear break above the trend line resistance would suggest that the downside move is complete, then the following rally could bring the price back to 1.3850 area.
