GBP/USD eyes additional gains towards the upper 1.24s in the short run – Scotiabank GBPUSD UnitedKingdom Banks
is the top-performer on the session as shop price data shows further gain. Economists at Scotiabank expect the GBP/USD pair to test the upper 1.24s.“The BRC’s survey of shop prices reached 9% in May suggesting no relenting from the upward push in prices and reinforcing expectations that the“Strong intraday bidding for the Pound leaves a positive impression on the short-term chart.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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