April 9, 2025 – Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound Sterling Outlook is “Neutral-Bearish” say Scotiabank
Looking at the near-term outlook, the Pound Sterling (GBP) is likely to trade sideways against the US Dollar (USD) , according to the latest technical analysis by FX strategists at Scotiabank.
“GBPUSD’s sharp reversal of last week’s delivered a break of its one-month range and a push to fresh local lows in the mid/lower-1.28s” says Shaun Osborne, Chief FX Strategist at Scotiabank.
“The…
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