RSS GBP/USD retains a soft undertone – Scitabank

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 RSS GBP/USD retains a soft undertone – Scitabank

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UK money supply and lending data for November came in on the weak side of expectations. Softer demand for mortgages suggests the rebound in UK house prices is starting to crimp demand, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
 
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