So much for a breather...
The GBPUSD has continued the fall to the downside and the selling is intensifying. THe pair now has the prior lows from March in its sites. They include 1.4700, 1.4686 and the low for the year at 1.4633. The low close for the year was at 1.4745 (on March 13 and March 17th). Currently with the price below that level, today would represent the lowest close since June 2010.
