British Pound is struggling to overpass the 1.28 level....so...i think that will retrace instead at 1.2450 level 
based on daily chart 50 SMA support level. So i think that is plenty of room still, for an GBP-USD shorting position.
                        
                    based on daily chart 50 SMA support level. So i think that is plenty of room still, for an GBP-USD shorting position.