GBP/USD: Full Market Breakdown

From a technical perspective, the pair has been oscillating in a broader trading range over the past weeks or so. Hence, it will be prudent to wait for sustained weakness below the 1.4100 mark before confirming that the pair has topped out in the near term and positioning for any meaningful corrective slide. The pair might then accelerate the fall towards the next demand level . that's where we are going to look for buy entries . if we hold the 1.41 we are going to wait an impulse correction impulse trade.