GBP/USD getting smashed, target 1.4450 - Scotiabank

Analysts at Scotiabank explained that the intraday price action is clearly weak for the GBP.

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Key Quotes:

"GBP/USD formed a bearish reversal (outside range) on the hourly chart and a bearish “shooting star” on the 6-hour and daily chart.

Price action suggests a test of short-term trend support 1.4643 is imminent; look for losses to extend towards 1.4450/1.45 on a break lower."