GBPUSD looks to follow through lower on further weakness in the days ahead. Support comes in at 1.2550 with a turn below that level shifting focus to the 1.2500 level. Further down, support resides at the 1.2450 level where a break will turn attention to the 1.2400 level. Further down, support lies at the 1.2350 level. Its daily RSI is bearish. On the upside, resistance stands at the 1.2650 with a turn above here allowing for additional strength to build up towards the 1.2700 level. Further out, resistance stands at the 1.2750 level followed by the 1.2800 level. On the whole, GBPUSD retains its downside pressure short term.
