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GBP / USD short-term correction is not complete, wait for a new sell

GBP / USD:  downtrend, the price moves in the drawn channel early for new sell. See more low peak and deeper bottom.

The short-term movement is an adjustment with growth potential to 1.5744. If the price crosses above 1.5556 will see insider bar and a likely increase to 1.57.

The price is below a moving average, which means only short positions. Suitable level for short position around 1.5744

If the price break through 1.5484 we will take a short position.

Indicators RSI and MACD are negative formation

The formation is negative until the price i below 1.5784


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