GBPUSD forecast 29/12/2014

Technical analysis for GBPUSD :

GBPUSD will drop more to 261.8 fibonacci level or 1.53000 as we can see from the previous chart pattern and price action. You can start sell now or wait for any retracement.
Bearish PatternsForexHarmonic PatternsSELLSupply and DemandUSD (US Dollar)

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