GBPUSD has taken a very good dip and also have move in a nice downward trend. The downward trend seems to stay intact and we might see another dip by GBPUSD. The next dip by GBPUSD might be limited by the low value of RSI and this might also cause GBPUSD to take some retracement as well. The current retracement might go as high as 1.4840 and in that case will offer some very good trade entries. Aggressive traders might look to enter below that level as well.
TRADE:
Sell GBPUSD @ 1.3540 for Profit Level @ 1.3780 with Stop @ 1.4260
DAILY CHART:
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