Levels of support and resistance for GBP/USD

At the moment it is required to monitor situation in the USA, as any positive decision adopted on the state budget can provide support to the USD. Leading analysts and investors are positive the in the next few days the Congress and white house will reach a compromise and the ceiling of the state budget will be raised. We can also expect the begining of the phasing out of progtam to purchase assets. Amid these facts the USD can strengthen. Now the pair has reached the first support level of 1.6095. In the near future the price may continue downward movement to the level of 1.6000, in the medium-term reversal and downtrend is expected. 

    MACD indicator confirms a chance of downtrend. On the four-hour chart MACD shows significant divergence, histogram is under the signal line and is directed downward, which is a strong sell signal.