is capped around recent range highs. Economists at Scotiabank note that Intraday price action looks weak for the British Pound.“Sterling is likely to move in line with the broader market tone for the next few days.”
“GBP/USD gains since late last week managed to retest recent peaks in the low/mid-1.21s . Intraday price action looks weak for the GBP, suggesting another failure/rejection around the recent range highs.” 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.
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