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GBP: Further Downside Near-Term; What’s The Trade? – BofAML

Brexit talks have begun with the UK caving into the EU demand that talks begin around the divorce agreement, then about a new trade deal. What´s next for the pound? Here is their view, courtesy of eFXnews: Bank of America Merrill Lynch FX Strategy Research notes that GBP has been unable to maintain its initial gains after […] The post GBP: Further Downside Near-Term; What’s The Trade? – BofAML appeared first on Forex Crunch.

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