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| GBP/USD monthly chart, source:forexfactory.com |
The pair of GBP/USD shows the downward trend continuously though it has attempt the rally. The monthly chart shows it apparently.
Since 2009, the pair has moved in the tunnel and sidled along. But it attempts to fall below bottom of the box range in this month. In 4-hour chart and 1-hour chart, GBP/USD pair steps down.
The short bias on this currency pair is available for a while, I thought.
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| H4 chart, source: forexfactory.com |
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| GBP/USD H1 chart, source: forexfactory.com |
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