Deutsche Bank has been bearish on the GBP over the past few months mostly on the back of an exceptionally weak balance of payments picture. Today, DB has reiterated this bearish view targeting another 5% move in the GBP trade weighted index, and looking for EUR/GBP to reach the low 0.90s and GB…
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5 Reasons To Stay Bearish On GBP Targeting A Drop To The Low $1.40 – Deutsche Bank
