The pound enjoyed the weakness of the US dollar to stage a recovery. Can it continue? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Research discusses GBP outlook, and adopts a neutral bias around current levels, seeing the pair prone to a consolidation phase in the near-term. “Our expectations for [...]
The post GBP/USD: Turning Neutral Here But Staying Structurally Bullish; Time For N-Term Consolidation – Barclays appeared first on Forex Crunch.
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