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Friday, May 4, 2018

[FOREX NEWS] GBP/USD: ‘Enough Pounding’; Some Negatives Already In Price – Credit Agricole


The pound has been beaten quite hard, falling over 800 from peak to trough in the past two weeks. Has it gone too far? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses GBP/USD outlook and flags a scope for some GBP rebound in the near-term. “Following the recent GBP selloff, we believe that [...]

The post GBP/USD: ‘Enough Pounding’; Some Negatives Already In Price – Credit Agricole appeared first on Forex Crunch.



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