GBP/USD Will Start Falling Again

The ECB press-conference yesterday caused GBP/USD to climb up considerably and reach the resistance at 1.5160 despite the overall bearish trend. Today’s US Non-farm payrolls barely had an effect on the pair, which formed two doji candlesticks on the four-hour time frame below the resistance level and next week will likely start moving to the downside again . I expect it to continue falling until it reaches the support level at 1.4900 again. If it breaks below that level, and it most probably will, the way down to the previous low at 1.4565 will be open.