Great Britain Pound vs US Dollar 23.03.2015

Forex Technical Analysis 23.03.2015 GBP USD

FXTM Online Analysis Department.

GBP USD, “Great Britain Pound vs US Dollar”

As we can see at the daily chart, Pound is attempting to form a correction. We think, this week the price may continue consolidating. If the market breaks this

 channel downwards, the downtrend may continue towards level of 1.4200; if upwards – this correction may continue to return to level of 1.5680.