Standard Bank recommends selling cable at current levels on anticipation the Bank of England will take a harder stance on forward guidance, similar to the Fed’s. With the BOE meeting coming up on Thursday, they see the pair soon falling below 1.50.
Standard Bank recommends selling cable at current levels on anticipation the Bank of England will take a harder stance on forward guidance, similar to the Fed’s. With the BOE meeting coming up on Thursday, they see the pair soon falling below 1.50.
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