GBPUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3657. As long as the price is below the trend line, the downtrend could be expected to continue and next target would be at 1.3153. Below this level could trigger further decline towards the bullish trend line on the daily chart now at 1.2930. Only a clear break above the trend line resistance would indicate that the downtrend is complete, then the following correction rebound could take price back towards 1.3455 resistance.
