So the GBPUSD price has touched 1.33674, at the 61.8% Fibonacci retracement level. As can be seen on the chart above, we expect the first downside target at 1.32869 at the 161.8% level, and further the second target at the price 1.32288 at the 261.8% level. If the price moves above 1.33808, the possibility will continue to rise.