GBPUSD drops below 1.4093 support, suggesting that the short term downtrend from 1.4661 is underway. Deeper decline is possible to 1.3700 level in a couple of days. Initial resistance is at the down trend line on 4-hour chart and the key resistance is located at 1.4383, only rise above this level will indicate that the fall from 1.4661 has completed, and the following uptrend will bring price back to test 1.4985 resistance.
