Pound Sterling Faces Pressure Amid Moving Average Breach The GBPUSD has fallen below key moving averages, including the 100-hour, 100-day, and 200-hour levels, signaling a bearish trend. Sellers are targeting 1.2608 as the next critical support, with potential for further decline to 1.2550 if momentum persists. A recovery above these averages could shift sentiment back to buyers.1