Monday , 24 February 2025
Home Forex GBPUSD: Extends losses to the 1.29 area – Scotiabank
Forex

GBPUSD: Extends losses to the 1.29 area – Scotiabank

The Pound Sterling (GBP) losses have extended to the 1.29 area following weaker than expected UK Retail Sales data for June, Scotiabank’s chief FX strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

COSCO shares slump 8% on Trump’s fee proposal

China COSCO Shipping Corporation Limited shares down 8%In response to Trump's proposed...

PBOC sets USD/ CNY reference rate for today at 7.1717 (vs. estimate at 7.2495)

The People's Bank of China (PBOC), China's central bank, is responsible for...

EUR/USD back above 1.05 – euro catching a bid from German election results

I posted earlier on the German Federal election outcome:Euro rises in early...

USD/JPY back under 149.00

The fears of plunging JGBs that triggered yen selling on Friday have...