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Sunday, 1 November 2026

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British Pound: Range trade holds ahead of Q2 GDP against US Dollar – Scotiabank

Markets Brief, UK brief (2026-08-05): Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly firmer versus the US Dollar (USD), with modestly better PMIs… Primary source: original at FXStreet (fxstreet.com).

British Pound: Range trade holds ahead of Q2 GDP against US Dollar – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note the British Pound (GBP) is slightly firmer versus the US Dollar (USD), with modestly better PMIs but a fading fundamental backdrop as 2-year spreads give back gains since late June.

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