GBP/USD: No obvious supports until the early 1985 low at 1.0520 – Scotiabank GBPUSD Banks
“The outlook for the GBP is bleak from a technical point of view – there are no obvious supports for the GBP below the market until the early 1985 low at 1.0520.”
“Minor rallies are unlikely to be sustained. Look for gains to remain capped in the low/mid 1.14s in the near-term.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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