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GBP/USD consolidates after test of 1.27. Economists at Scotiabank analyze the pair’s outlook.
The BoE/Ipsos 12m inflation survey is released early Friday and may sway markets to some extent (expectations have been trending lower) but may not change the prospect of still higher policy rates in the UK – a key support for the GBP – to any significant extent.
Spot is consolidating, rather than reversing bearishly, and a solid bull trend continues to play out here on the face of it.
Intraday gains through 1.2670 should put yesterday’s peak just under 1.27 within reach. Broader trends suggest a push on to major retracement resistance at 1.2760.
Support is 1.2630 and 1.2595/00.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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