GBP/USD: Likely to hold within the recent 1.2600/1.2800 range for a little longer – Scot Bank

GBP USD Today Trend

Traders have little to go on and Cable is possibly to preserve inside the latest 1.2600/1.2800 variety for a touch longer find studies at

GBP/USD is protecting a neutral point in the recent 1.2600/1.2800 buying and selling variety. Economists at Scotiabank examine the pair’s outlook

Trend signals are flat to slightly terrible at the shorter-time period research however charge action does have a mildly terrible look to it on the short-time period chart, with GBP gains growing a bearish wedge pattern during the last few sessions (terrible on a spoil below 1.2685/1.2690). Resistance is 1.2735/1.2740.

GBP USD Today Trend

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