Morgan Stanley, Credit Suisse, Commerzbank All Short GBP/USD From 1.5550

The squeeze higher in GBP/USD continues to attract new sellers especially around the 1.5550 level. Today, Commerzbank entered into 2 short technical tactical GBP/USD positions from 1.5550 and 1.5590, with a protective stop above 1.5635, and a target at 1.5300. “GBP/USD as expected has rallied t…

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Morgan Stanley, Credit Suisse, Commerzbank All Short GBP/USD From 1.5550

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