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Daily outlook for GBP/USD: BofA Merrill Lynch

Quotes from BofA Merrill Lynch:- GBP/USD is finally falling in with the US $ bull trend after its close below the 1.5322 pivot. - This confirms a resumption of its larger bear trend and clears the way a test of the Jul'1…

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Quotes from BofA Merrill Lynch:

- GBP/USD is finally falling in with the US $ bull trend after its close below the 1.5322 pivot. 

- This confirms a resumption of its larger bear trend and clears the way a test of the Jul'13 low at 1.4813 and eventually below. 

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