GBPUSD bears stay on the way to 1.1890GBPUSD extended pullback from 100-SMA to refresh monthly low, before the recent corrective pullback near 1.1900. In doing so, the Cable pair also broke below the support area of a fortnight-old descending triangle. The downside break also takes clues from the bearish MACD signals, suggesting more to run towards the south. However, the late July swing low around 1.1890 will be in focus as the RSI quickly approaches the oversold territory and teases a bounce. Should the price remain weak past 1.18
