GBP/USD: HOLDING SUPPORT IN THE LOW 1.2700 AREA COULD SEE THE SHORT-TERM TREND STABILIZE – SCOTIABANK
GBP/USD remains pinned back to the low 1.2700s. Economists at Scotiabank analyze the pair’s outlook.
Trend oscillators are mixed
Trend oscillators are mixed and spot is holding a tight trading range above 1.2700. Broader price signals suggest a soft undertone in GBP/USD after a soft close last week but holding support in the low 1.2700 area could see the short-term tre
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