GBP/USD technically bearish - Scotiabank

By FXstreet.com | August 08, 2014 AAA

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank gives us a technical analyses of GBP/USD.



Key Quotes:



"GBP/USD short‐term technicals: bearish—all signals point to downside risk and today’s ability of spot to fall to a fresh two‐month low warns of building downside momentum. Resistance lies at the 100‐day MA at 1.6875."



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