GBP/USD H1 09/10/2013

There are still some waves to the downside left, just as per chart.

1.6014 should hold and it looks like a good level to load even more shorts.

Target levels are 1.5904 and if this one is broken then 1.5878.
Please notice that there is still possible upside wave development on this point in time.

Take care,
Seb