On Friday I posted up Morgan Stanley's trade recommendation for the euro sterling pair
Here is the link iCYMI (and want to get in at a discount!)
This now via Nordea, just to confuse matter
have entered a "high conviction" long trade on EUR/GBP trade
- entered today
Have not provided levels, but some notes:
- downside risks to both UK inflation & retail sales
- suggest that the short-term consensus is too optimistic on GBP
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Chart update (hourly candles)
