GBP/USD: eyes on 2014 peaks

FXStreet (Edinburgh) - According to Valeria Bednarik, Currency Analyst at FXStreet, the positive outlook on GBP/USD remains unchanged.

Key Quotes

“Technically the pair continues to look extremely overbought, albeit indicators are slowly turning lower in the 4 hours charts”.

“Below 1.6710 the pair may attempt a bearish correction that can extend down to 1.6650/60 albeit buyers will likely surge around the area, pushing the pair back higher”.