According to Scotiabank, the GBPUSD currency pair might end the week with a bullish closing price at 1.22568.

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GBPUSD Chart by TradingView

GBP/USD recovers all of this week’s losses. Economists at Scotiabank analyze the pair’s outlook.

See: There are no real UK-specific drivers that would justify a sustained GBP outperformance – ING

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