GBP/USD at fresh 2017 highs, what are this week's catalysts? - Scotiabank

GBP/USD has popped a fresh 2017 high and analysts at Scotiabank note the next key catalysts for the pair this week. 

Key Quotes:

" Domestic risk is set to remain elevated throughout the week as we look to the release of fresh PMI’s as well as the BoE’s policy decision and Quarterly Inflation Report on Thursday."

"CFTC positioning is net short GBP and risk reversals are suggestive of a slight premium for protection against GBP weakness."