gbp/usd analysis for 06 july 2015 (daily forex analysis)

this is the latest weekly positions updates on Societe Generale's FX Quant Fund which runs systematic currency strategies by SocGen's quant analysts. The SG FX Enhanced Risk Premia has flattened the short Yen and long Aussie positions during the week. The biggest longs are the USD and the GBP. The most sizeable shorts are the NZD and the CAD. The short position in NZD/USD and the long position in USD/CAD are the USD crosses with the highest combined momentum and IR-driven FX signals. The standard SG Sentiment indicator has slipped into the risk-averse area on the back of the renewed tensions about the Greek sovereign problems. Based on the adaptive (tailored) version of the sentiment indicators and the relevant time-series signals, we have also closed the G10 carry basket and currently we do not have exposure to FX carry in any of the regions. The risk of the aggregate strategy remains confined and stands just at 7% annualised volatility.
Bank of England's MPC rhetoric is getting more hawkish, RBS comments.
"Following the upside surprise on April wage data (2.7% 3m/YoY, 0.6pp above consensus), several MPC members have followed through with relatively hawkish commentary," RBS comments.
RBS views. "In FX, our Europe Desk Strategist Paul Robson acknowledges that Sterling will benefit from the hawkish rhetoric. However, he believes the medium outlook is still bearish for GBP given ‘Brexit’ risks and the potential impact of fiscal austerity on the growth outlook," RBS projects.

so fundamental long term is bullish
so the recomendation for gbp/usd is bullish.we will waiting for technical buy and ignore selling signal for gbp/usd