Scotiabank Economists Optimistic About GBP/USD Rebound Potential
Wednesday, 28 February 2024, 12:26
GBP/USD Rebound Forecast by Scotiabank
Scotiabank economists are optimistic about the GBP/USD rebound potential as gains through 1.2665/1.2670 should help deepen the rebound to 1.2700.
- Despite sliding in line with peers, economists at Scotiabank view the rebound from the low as constructive.
Conclusion: The GBP/USD is expected to see a strengthening rebound trajectory, driven by gains through the specified levels, according to Scotiabank analysts.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.