GBP/USD: price action looks constructive with support in 1.37's - Scotiabank

Analysts at Scotiabank explained that the gains in GBPUSD have slowed and intraday price action does show prices running into better selling interest around 1.38.

Key Quotes:

"But there is little sign of real weakness in price action at the moment."

"Intraday moves look more consolidative and broader trend dynamics remain constructive."

"Look for GBP support on dips to the low 1.37 area. Major support remains 1.3615/30."