GBP/USD's close today is an important one - Scotiabank

By FXstreet.com | August 25, 2014 AAA

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that The U.K. is on holiday today, celebrating its Summer Bank Holiday, accordingly FX activity was relatively light.



Key Quotes



“Today’s chart pattern is an early reversal signal (should it hold through the NA session) and accordingly today’s close is important.”



“This week’s data is mainly centred on housing and confidence."



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