GBPUSD is currently in a bearish trend with sideways movement, trading at 1.26343. The price is below most moving averages, and the MACD shows a weak positive trend. A selling opportunity is suggested towards 1.26098, with a target at 1.25840. A stop loss is recommended at 1.26556 to manage risks. If the price breaks 1.26556, GBPUSD could rise towards 1.26775. Resistance levels: 1.26469 (Second) 1.26397 (First) Support levels: 1.26234 (First) 1.26140 (Second) Pivot level: 1.26304