GBP/USD: Reaching Overbought Territory; Not A Buy Around Current Levels – Credit Agricole

GBP/USD flirted with the 1.40 level but has retreated after the initial move. What’s next? It may have reached overbought territory. Here is their view, courtesy of eFXnews: Credit Agricole CIB Research discusses GBP outlook and advises against buying the currency around its current stretched levels.  “All eyes will be on the release of Q4 GDP and […]

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