Forex Flash: Prefer to keep selling GBP/USD - RBS

FXstreet.com (Barcelona) - As Head of Currency & EM Strategy at RBS David Simmonds has noted: “BoE Governor-in-waiting Carney’s reference to UK being among the “crisis”economies with the Euro zone and Japan strikes a sombre chord,” David said, adding: “Our view on the GBP is unchanged: chronic twin deficits and more emphasis on monetary policy activism spell more weakness ahead,” the analyst suggests. “Next target is 1.42,” he concludes. “For now, we prefer to keep selling GBP/USD.”