GBP/USD - Making Fresh Multi-Year Lows
GBP/USD has broken the support at 1.4635, confirming increasing selling pressures. A psychological support lies at 1.4500. Hourly resistances can be found at 1.4669 (intraday high) and 1.4725 (10/04/2015 high).
In the longer-term, the break of the strong support at 1.4814 opens the way for further medium-term weakness towards the strong support at 1.4231 (20/05/2010 low). Another strong support stands at 1.3503 (23/01/2009 low). A key resistance can be found at 1.5552 (26/02/2015 high).