Pound Dollar continues to decline

GBP USD Talks August 13

Pound Dollar continues to decline and there is reason to believe that the decline will continue to 1.37685, the first support key level. The decline factors are the price is below the key 1.3800, the MACD indicator signal, and the continuation of the trend. The RSI is approaching 30, so the probability of a rise and trend retracement cannot be completely discarded. The key point for this will be 1.3850, so I will limit the risks that may be associated with a further growth scenario.