GBPUSD Forecast

In the last days we have seen how the bullish trend in GBP/USD has lost strength. In addition, it faces a downtrend line whose points are in 2007 and 2014. We must see it break through two key points before going short, the dollar must pick up some strength in the coming weeks to achieve our objective.

Our first goal after the entry will be 1.34, once there we will see if it's ready to continue falling.