GBP/USD could dip back to the low 1.22 zone – Scotiabank GBPUSD Banks
Losses through 1.22 to trigger a more serious correction“Intraday price signals reflect a bearish development in the form of a bearish ‘evening star’-like pattern. Trend momentum signals are leaning strongly GBP-bullish at present, however, which suggests the Pound should remain well-supported on dips. But Cable could dip back to the low 1.22 zone intraday.” Information on these pages contains forward-looking statements that involve risks and uncertainties.
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