GBPUSD Weekly Analysis - September 27, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 27 September 2015 05:38 UTC
GBPUSD broke below 1.5165 support, indicating that the downtrend from 1.5929 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could trigger another rise towards 1.6500.

gbpusd chart

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