GBP: Targeting GBP/USD at 1.25 & EUR/GBP at 0.96 in Q1’21 – SocGen
Summary
By sueyangfx.com September 18, 2020 at 07:09PM SocGen on sterling Societe Generale Research discusses GBP outlook and maintains a bearish bias especially against the JPY in the near-term. “. That’s a 5% fall in the value of sterling in the […]
More On Forexlive RSS Breaking News Feed
- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
- Eurozone May trade balance €9.4 billion vs €7.9 billion expected
- Eurozone May industrial production -1.0% vs -0.3% m/m expected
- ECBs Knot: Ground for Euro area recovery getting firmer and firmer
September 18, 2020 at 07:09PM
SocGen on sterling
Societe Generale Research discusses GBP outlook and maintains a bearish bias especially against the JPY in the near-term.
“.
That’s a 5% fall in the value of sterling in the next few months which
will probably see the real effective rate fall to its lowest level ever
at some point. Sterling’s biggest source of