06 January 2016, GBP/USD
Daily chart: expressed bearish pressure. The bottom Bollinger Band accompanies drop and so far the pair has not touched the bottom. Deeper decline.
Н4: the same situation. Local support at 1.4616 can theoretically cause a little correction for the pair, but on the whole we can not consider such support to be reliable. A deeper breakdown is a much more likely event.
Н1: and another frame with the downward trend pressure
Expectations: we expect continuation of drop to 1.4550 and 1.45
Trading solutions: sale to 1.4550, 1.45