GBPUSD broke below 1.5951 support, indicating that the downtrend from 1.7190 (Jul 15 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6020, only break above this level could bring price back to 1.6300 zone.
For more short term forex analysis and info visit via GBPUSD Daily Analysis - October 15, 2014 . Thanks for your support.
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