GBP/USD: Why Levels Below 1.30 Likely Hard To Sustain? A Historical Take – SocGen

GBP/USD crashed on Brexit concerns and fell deep below 1.30. Is it sustainable? Here is their view, courtesy of eFXdata: Societe Generale Cross Asset Strategy Research discusses GBP/USD valuation from a historical perspective and what this might imply for prices over the medium to long term. “GBP/USD was bumped around by the Napoleonic, US Civil, and […]

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