SuperForex
Short

GBP/USD - a short-term downtrend

FX:GBPUSD   British Pound / U.S. Dollar
On the 4-hour chart we can clearly draw a line of a downtrend. Today we are waiting for the publication of the consumer price index for February in the US. At that time the price will be able to break the trend line in case of unfavorable data.
If we consider the daily chart , then we also see that the "double top" has not fully played itself out. And even the existing uptrend will allow the price to move towards the 1.36 mark
Because of that you can consider the points to enter the short positions at the moment.
OANDA:GBPUSD            
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