Turnaround for cable?
TD suggests promoting GBP/USD this week in its commerce of the week. They suggest promoting with a goal of 1.3725 and a cease at 1.4205 (spot at 1.4048).
“We implement this brief GBP/USD commerce as our FX commerce of the week, leveraging expectations of a disappointment with this week’s unlocking announcement.”
GBP has been the best-performing G10 forex this yr.
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