GBP/USD: downtrend persists

Forex analytics: After the decline, which started in mid December at the level of 1.5230, the pair GBP/USD has corrected above 1.4370 (Fibonacci 23.6%). Due to positive data on PMI in the British service sector for January, today, the pair GBP/USD broke down resistance level of 1.4440 (upper limit of the downward channel and ЕМА144 on the four-hour chart).On the four-hour and daily charts the indicators OsMA ...