TD trade of the week: Sell GBP/USD
Summary
By sueyangfx.com November 23, 2020 at 04:54PM TD says to sell cable Currency investors should consider selling GBP/USD, advises TD Research in its weekly FX pick. “While the European COVID infection curve appears to have peaked, European mobility has collapsed […]
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
November 23, 2020 at 04:54PM
TD says to sell cable
Currency investors should consider selling GBP/USD, advises TD Research in its weekly FX pick.
“While the European COVID infection curve appears to have peaked,
European mobility has collapsed faster than any other region in the
world recently. That’s likely to sideline EUR again soon. This week we
fade the Brexit optimism, selling