GBPUSD Continue shorts test of the diagonal support
After the breakthrough of the support level at 1.5020 the pair will probably focus on the diagonal support. The decision today by the European Central Bank for quantitative easing, which will be more than double the initially foreseen, decreased value of the dollar and UK currency also is not a good position thereof. Better US data today on aid applications from unemployed are also in the downward movement, but speculation of an early rise in US interest rates are in support of the dollar in the longer term.
SMA50 move below SMA100 and SMA200, and the MACD is in the negative zone, which is in favor of sellers
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