GBPUSD is pressing to new lows, breaking through a series of key technical levels that had previously offered support:

• The 200-条形移动平均线（4小时图） was broken at 1.2855

• The 200-日均线 gave way at 1.28124

• The 38.2%回撤位 of the January–March 2025 rally was broken at 1.27841

These breaks come after Friday’s sharp rally was fully erased, signaling that 卖家正在夺回控制权.

On the downside, the next target comes in at 1.27187, followed by the 2025年区间回撤50%至1.26536, and then the 100-日移动平均线为1.26297.

To shift sentiment, buyers would need to 收复200日移动平均线, signaling that the break lower may have failed. Until then, the path of least resistance remains to the downside.