GBPUSD has formed a head and shoulders formation. If the price breaks below the 1.3586 support today, GBPUSD may have to face bearish pressure in the short-term. The formation target price is currently 1.3320 but 1.3430 can be followed as a middle support level for premature reversal. And, of course, if 1.3586 support holds this downward scenario will become null.