The GBPUSD ended Friday basically unchanged after reversing early-session losses. The trend is still down but price did retrace higher last week, toward resistance levels. We will retain our bearish bias on this market whilst it’s contained under 1.6400 key resistance level and we will watch for price action sell signals from current levels and up to 1.6225 and 1.6400 resistance levels to rejoin the downtrend this week from value.