FXStreet (Edinburgh) - Analysts at BBH see the likeliness of the sterling to shed further ground in the next months. Key Quotes “Sterling hit a low near $1.4565 in April and then made a spectacular recovery in two months to reach $1.5930”. “However, it is has been trending lower since, and there is nothing in the technical condition that suggest sterling's has neared a significant bottom”. “A test on the April lows seems likely, and a break could spur another 2% decline to bring it to the 2010 low near $1.4230”. For more information, read our latest forex news.