GBP: Could Breach 1.30 But Selling Looking Stretched; Could Reverse On A ‘Sliver Of Good News’ – MUFG

GBP/USD is attempting to recovery but still lags behind the euro and other peers. What’s next? Here is their view, courtesy of eFXdata: MUFG Research discusses GBP/USD outlook and maintains the view that even if 1.30 gets breached in the near-term, the pair could reverse course and bounces higher on any good news on the […]

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