Let's take a look at the GBP/USD daily chart.
It does seem like we're potentially poised for a longer term downward movement so hold on tight.
Here are the GBP/USD projections for our technical anlaysis.
Week - 1.5500
Month - 1.5200
Quarter - 1.4800
To see our other projections on the majors as well as projections from other top FX Street analysts and traders, visit the technical forecasting page.
Good luck with trading.