RSS GBP pressures resistance in low 1.27s – Scotiabank

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 RSS GBP pressures resistance in low 1.27s – Scotiabank

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UK inflation data reflected the expected pick up in prices in November. The Pound Sterling (GBP) picked up a little support over the course of European trade but Cable is finding it difficult to hold gains through the low 1.27s, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
 
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