GBP/CHF could easily rally to between 1.30 and 1.40 over the next 12 months – UBS
Summary
By sueyangfx.com November 18, 2020 at 10:04AM The firm says that a combination of a Brexit deal and improving risk sentiment would easily help the pair jump higher UBS strategists are arguing that hedge funds are relatively under-positioning for a […]
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 18, 2020 at 10:04AM
The firm says that a combination of a Brexit deal and improving risk sentiment would easily help the pair jump higher
UBS strategists are arguing that hedge funds are relatively under-positioning for a Brexit deal and that the pound can get a meaningful bounce even on a “skinny deal” outcome, while rising confidence in a cyclical