Very simple analysis on GBPUSD

British Pound/U.S. DollarFXCM

Description

⋅ Jan 23, 2015 6:59 PM

This is what I think about GBPUSD, The pair broke the trendline and expected to hit 1.4900 and 1.4850, whereas 1.4800 holds very strong support and any break below that level can push pair further down towards 1.4300 1.4200.