Back to news
28 Jul 2026 · 17:52 GMT+3
17

British Pound: Bearish reversal extends before BoE – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report GBP/USD is extending its bearish reversal toward early-July levels as markets scale back Bank of England (BoE) tightening expectations. September pricing has been cut and cumulative hikes by December reduced.

Trading involves risk. The information above is for reference only and does not constitute investment advice.