GBP/USD: Stay Constructive & Avoid GBP; AUD/USD: Staying Short Post-RBA – Credit Agricole

The British Pound is under pressure amid Brexit concerns and the Aussie is not going anywhere fast. Here is their view, courtesy of eFXdata: Credit Agricole CIB Research maintains a bearish and short AUD/USD* targeting a move towards 0.7000, while staying sidelined GBP but maintains a medium-term constructive bias on sterling. “The RBA left its […]

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