Pound trades at daily lows against the greenback as London close approaches; with European stocks in deep red and investors looking for safe havens, the pair should offer limited bounces at current levels, and most likely consolidate ahead of a new leg down. The bias is supported by the 4 hours chart that shows price looking for fresh lows despite RSI holds around 30. A break below 1.5505 should trigger a spike lower, targeting then, the 1.5460 area in the short term. A daily close below
