GBPUSD is expected to fall below 1.300.British Pound/US DollarFX:GBPUSDXTrendSpeedOn the daily chart, GBPUSD has been trending downwards after forming a double top pattern, with the bears in control. Currently, the price is trading below the downtrend line. Short-term support is around 1.300; a break below this level could lead to a move towards support around 1.270. Intraday, look for opportunities to short on rallies in the 1.309-1.313 range.