GBPUSD: Major resistance at 1.1550/60 to contain gains in the short-run – Scotiabank

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GBPUSD: Major resistance at 1.1550/60 to contain gains in the short-run – Scotiabank
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GBPUSD: Major resistance at 1.1550/60 to contain gains in the short-run – Scotiabank GBPUSD Banks

GBPUSD consolidates below major resistance in the mid-1.15s. Economists at Scotiabank expect Sterling to struggle to see further gains.plus some – likely significant –fiscal retrenchment to be unveiled by the Chancellor next week suggest even stiffer growth headwinds for the UK economy in the months ahead.”

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