GBPUSD short view

During the Asian trading session, GBPUSD continues to fall below the 1.19500 level. This morning's low was at the 1.19130 level. Bearish pressure is still very present, and we could expect the pair to continue sliding below the 1.19000 level. Potential lower targets are 1.18750 and 1.18500 levels. For a bullish option, we need a new consolidation and a return above 1.20000. After that, we could think about a potential recovery of the pound.