British Pound Outlook The hourly chart below shows that the GBPUSD price has fallen in the past six consecutive hours. At the current price of 1.3026, the price is at the lowest level since Wednesday last week. The price is also along the lower line of the Donchian channel. The price has also dropped below the second support level of the Andrews Pitchfork. Therefore, expect the downward pressure to continue today as bears aim for the next psychological support level at 1.3000. A break below this support will see it drop to 1.2990. On the flip side, a move above the Friday’s high of 1.3065 will invalidate this trend.