#GBPUSD @ 1.17042 : Break through mid/upper 1.17s should add to positive momentum – Scotiabank
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GBP/USD climbs to the 1.1700 level. Further gains through mid/upper 1.17s should add more strength to the pound, economists at Scotiabank report.
“Cable closed positively last week (weekly bull ‘hammer’) and additional progress through the mid/upper 1.17s should add to positive momentum in the short/medium term.”
“Support is 1.1575/00.”
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