We are in bearish mode on GBPUSD currency pair
Here is the illustrations and snapshots for GBPUSD Forecast and technical analysis December 15 2014.
GBPUSD weekly technical analysis and forecast
On the weeekly GBPUSD chart we can see that, last week the pair is unable to break the fibo 61.8 level. It was also unable to break the current weekly downward channel. So till it crosses the fibo 61.8 level or it breaks the current down channel we will be remain bullish on this particular pair.