Scotiabank’s team notes the Pound is fractionally weaker versus the Dollar, with fundamentals less supportive as yield spreads soften. However, sentiment is improving as markets fade earlier political concerns following PM Burnham’s arrival and stronger-than-expected construction PMI. Short-term technicals remain bullish, with expectations for medium-term gains above 1.3550 and a near-term trading band between 1.3420 and 1.3520. Pound supported by improving sentiment"The pound is showing fractional weakness into Thursday’s NA session with a 0.1% decline from Wednesday’s close. "Fundamentals appear to be somewhat less supportive for the GBP, as we note the renewed softening in yield spreads."