GBPUSD is now in the downtrend from 1.4345. Further decline would likely be seen in a couple of weeks and next target would be at 1.3500, followed by 1.3000. Near term resistance is at the falling trend line on the daily chart. A clear break above the trend line resistance could bring price back to next resistance level at 1.4145, only break above this level could trigger another rise towards 1.4600.
