GBPUSD Daily Analysis – April 13, 2015

GBPUSD broke below 1.4634 support. Further decline could be expected, and next target would be at 1.4400 area. Resistance is at 1.4735, only break above this level will indicate that the downtrend from 1.4994 is complete, then another rise to 1.5000 area could be seen.

gbpusd chart