GBPUSD currency pair recently reversed down from the resistance zone located at the intersection of the key resistance level 1.3370 (previous strong support from the start of November), upper daily Bollinger Band and the 61.8% Fibonacci correction of the downward impulse (iii) from last month. The downward reversal from this resistance area started the active short-term downward impulse wave (v). Given clear daily downtrend and the rising bullish US dollar sentiment seen across the currency markets today, GBPUSD currency pair can be expected to fall further toward the next support level 1.32000 (which reversed the pair multiple times from last month).