Morgan Stanley Holds Long Cable S/T, Plans To Sell Rebounds M/T

Morgan Stanley is running a very interesting strategy to play the Cable right now. As a short-term trade recommendation, MS maintains a long GBP/USD position from 1.68, targeting a move back towards 1.7195, with a stop at 1.67. “We view this as purely a near-term tactical buying opportunity as …

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Morgan Stanley Holds Long Cable S/T, Plans To Sell Rebounds M/T

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