The pair is expected to decline to the Low

04 January 2016, GBP/USD

The British currency has not solved its problems with beginning of the New Year.

The Pound against the US dollar pair has opened with a downward gap, thus showing that it has not so mucj potential to confront the opponent.

It is possible that the pair was aiming to reach the Low around 1.4550.

Exactly on these levels something interesting is likely to happen.

Trading is not recommended now.

The pair is expected to decline to the Low

Vasiliy Lukin
FreshForex Analyst
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