GBP/USD to 1.70? - RBS

FXStreet (London) - RBS strategists can still see 1.70 Cable but speculative GBP positioning is long.

United States Redbook index (MoM) rose from previous -0.5% to -0.3% in April 25

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United States S&P/Case-Shiller Home Price Indices (YoY) came in at 12.9% disappointing expectations (13%) in February

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