The trend is sharply , the daily is around 1.5203. The GBPUSD started the week under its daily PP, suggesting the trend to remain . The parity will have 1.51289 and 1.509 as its daily support levels. The daily resistance levels are 1.52396 and 1.5312.
The parity is still trading below its EMAs and is still not showing any signs of inversion on a daily scale.
If the freefall continues, 1.509 will be the next objective, making the parity closer to a zone where it may find stronger support.