2016 could be a tough year for the British pound, says Alan Collins. Here’s why.

According to Collins, there are clear signs that the pound may trade lower against the US dollar. He looks at the charts and how low GBP may go. Collins also outlines his call for EURGBP. 

Looking at USDCAD, Collins believes that the underlying weakness in the Canadian dollar shows no signs of exhaustion and sets out his target for the pair.