GBP/USD in downtrend

February 20th, 2008 | Tags:

GBP/USD is in clear downtrend. Three days ago the market confirmed the downtrend line and started new leg lower. If it breaks below 1.9335 the next target is 1.9180 and then the lower band of the downtrend channel currently aroung 1.8910.

GBP/USD

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