Greetings.

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.