GBPUSD Weekly Analysis - September 6, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 06 September 2015 07:13 UTC
GBPUSD broke below 1.5170 support, indicating that the uptrend from 1.4565 had completed at 1.5929 already. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance is at 1.5500, only break above this level could trigger another rise towards 1.6500.

gbpusd chart

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