GBP/USD outlook for August 15, 2014

GBP/USD with new 6-month lows today. Short position is intact. New stop-loss @ 1.6780. A strong move over 1.67 could be the beginning of a rebound.

GBPUSD(5 Hours)20140814

Chart courtesy of investing.com

This is a short-term trade. Please read the disclaimer!