10 August 2016 at 6:57 GMT
The negativity around sterling since Brexit never seems to end, according to Alan Collins from 3cAnalysis.com. He believes that there are bearish signals and expects to sell GBPUSD. Collins provides a technical analysis of GBPUSD to explain why the pair could attract sellers.
Collins expects to sell at 1.3124. His targets are 1.3006,1.2956 and 1.2798 with a stop at 1.3211.