GBP/USD (daily chart as of September 15, 2015) broke down below the 100-day EMA (bold blue moving average line on chart) on August 26 with a long bearish candlestick. This 100-day EMA has been serving as major support/resistance line since late February (red arrows from 1 to 6 on chart). On August 27, the pair also broke down below the medium-term uptrend line connecting the lows since early May (bold red trend line on chart).
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