Sterling has not been shining as Hard Brexit fears took over. The team at SocGen reasons for a short trade, under conditions. Here is their view, courtesy of eFXnews: Maintaining my current infatuation with real yields as FX drivers, there’s a surprisingly good correlation, still, between the value of Sterling and UK real yields (no spreads, […]
The post GBP: Short Preferable With A Tight Stop (1.23) As Long Real Yields Remain Below Zero – SocGen appeared first on Forex Crunch.
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