GBP/USD: broadly muted with a bearish bias - Scotiabank

Analysts at Scotiabank offered a technical outlook for GBP/USD.

Key Quotes:

"The broader picture is relatively muted with near-neutral momentum signals and a trendless ADX. The two-hour chart is bearish, delivering a three candle evening star pattern in the latter half of Tuesday’s NA session.

Near-term support is expected at 1.33 followed by 1.3250."