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15 Apr 2015
GBP/USD: Weakness to 1.42/1.43 looks possible - Westpac
FXStreet (Bali) - According to Westpac FX Strategists, short GBP remains their highest conviction trade this week.
Key Quotes
"Short GBP remains our highest conviction trade this week - unchanged from last week. Markets are belatedly giving the UK general election the attention it warrants and as such GBP should continue to underperform near term. Weakness to 1.42/1.43 looks possible."
Key Quotes
"Short GBP remains our highest conviction trade this week - unchanged from last week. Markets are belatedly giving the UK general election the attention it warrants and as such GBP should continue to underperform near term. Weakness to 1.42/1.43 looks possible."