FXStreet (Łódź) - The eFXnews team note that SEB sees the pound's decline continuing on Friday.

Key quotes

"This is a minor ref at 1.6845 to be observed as it could provide some support."

"But if taken out, or if there is a low weekly close coming, an ascending line of support should be broken and dynamic support at the 21week 'Kijun-Sen' at 1.6825 would become exposed - which if broken would target 1.67 next."

"Initial resistance is located at 1.6890 - possibly enough to keep a more important ref at 1.6925 unharmed."

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Forex pairs in this Article » GBP/USD

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