MUFG trade of the coming week: Sell GBP/USD
Summary
By sueyangfx.com October 16, 2020 at 04:54PM Weekly top pick from Mitsubishi UFG MUFG recommends selling GBP/USD (spot at 1.2927) with a target of 1.2630 and a stop at 1.3180. “We are recommending a short tactical GBP/USD trade idea to […]
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October 16, 2020 at 04:54PM
Weekly top pick from Mitsubishi UFG
MUFG recommends selling GBP/USD (spot at 1.2927) with a target of 1.2630 and a stop at 1.3180.
“We are recommending a short tactical GBP/USD trade idea to reflect higher Brexit risks in the week ahead after the EU leaders summit failed to make progress on a trade deal,” MUFG notes.