The GBP/USD is still bearish. We should see the move down below W L3. Continuation below W L4 1.3096. If market momentum holds we should see 1.3039 test and below 1.2990 as the final target. The market below 1.3039 is very bearish and M L5 should be tested. W L5 is the final target.
The first target is 1.6692, followed by 1.6598 the final target.