GBP/USD: downtrend will continue. Technical analysis for 11.07.2016

Forex analytics: Review and dynamics Due to the strong pressure from fundamental factors, it is unlikely that the Pound will rise in the market. The pair GBP/USD fell by 16% declining from the level of 1.5000 after the decision of the British people to leave the EU. The pair fell below the 15-year-lows, losing over 800 points.Our opinion Downtrend dominates in the market. Expectations that on Thursday the ...