GBP/USD to push on to the 1.24/1.25 zone in the next few weeks – Scotiabank GBPUSD Banks
GBP/USD extends gains through the mid-1.21 area. Economists at Scotiabank expect the pair to test the 1.24/25 area in the next few weeks.“Marginal new highs for the GBP through 1.2150 suggest more upward pressure on“GBP/USD is breaking out bullishly from a downward sloping channel that has developed over the past week, implying the resumption of short-term trend gains, while sustained strength through 1.2060 on the week pave the way for the pair to push on to the 1.24/1.
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