FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted the short-term technicals around GBP/USD.



Key Quotes:



"GBP/USD short-term technicals: bearish—accelerating momentum indicators with RSI at 35 provides for ample downside. Looking to 1.6856 the 100 day MA as the next key downside level, last tested in February, before that in August 2013."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    A Fundamental Push for Key EURUSD, GBPUSD and USDJPY Levels?

  2. Forex News

    EURUSD and GBPUSD Will Decide Make-or-Break In Holiday Trading Conditions

  3. Forex News

    FX: CFTC Commitments of Traders Report - TDS

  4. Forex News

    GBP/USD bulls need to catch their breath

  5. Forex News

    GBP/USD lid turn tighter on Yellen and dollar strength

Trading Center