GBPUSD dropped sharply from 1.5372 and reaches as low as 1.4469 level. Further fall is still possible to retest 1.4350 previous low support. Consolidation would more likely be seen before breaking below this level. Near term resistance is now at 1.4600 followed by 1.4700, above 1.4700 will indicate that the short term downtrend from 1.5372 has completed.
