Gbpusd broke below price channel
GBPUSD broke below the rising price channel on 4-hour chart and reached as low as 1.4948 level, suggesting lengthier consolidation of uptrend from 1.4346 is underway.
GBPUSD breaks below 1.4466 support and the fall from 1.5722 extends further to as low as 1.4378 level, suggesting that the long term down trend from 2.0158 has resumed.