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 GBPUSD 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.