As long as we remain above the 200 on the DTF we must assume we are still in an uptrend but with weakening, a move back to support must be favourite.
I'll be looking for a move down to 1.25 in the next trading week and see if support here holds. With political tensions increasing, a flight to the CHF seems likely so GBPCHF is likely to come under pressure.
SELL down to 1.25 and see where we go if we move down there. If 1.25 fails then a move to 1.2430 is possible.