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GBP/USD: FLAT RANGE TRADING UNLIKELY TO CHANGE ANY TIME SOON – SCOTIABANK

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GBP/USD stays neutral in its 1.2600/1.2825 trading range. Economists at Scotiabank analyze the pair’s outlook.

Little risk of a significant change

Flat range trading in the Pound has been a feature of broader trading since the middle of December and there is little to suggest that will change any time soon. 

The GBP/USD pair is unchanged on the day and intraday trading patterns are showing little risk of a significant change. 


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