Amazing drop on the GBP/USD

The Pound versus the Dollar has accelerated its bearish momentum and breaks below the 55 day EMA around the 1.4041 level, where we can also find its 200 week EMA. The pair has completed four consecutive sessions falling as shown on the daily chart and it could continue dropping to the 1.3900 level. Below the 1.3900 level, its next support could be the low around the 1.3700 level. Another possibility on the GBP/USD is that the pair could leave behind a false breakout around the 1.4041 level and it could try to go back up. Due to the strong drop, the sellers may try to take some profits off the table and the pair may try to pull back. To the upside, the 1.4300 level, where we can find the 55 month EMA, could act as resistance. Actually, the 55 month EMA is what has been holding the GBP/USD down, which could end the month down, breaking the 13 year pattern where the pair had rally on every April.