GBP/USD parity bus now taking passengers
A piece to check out while we await some Asian time zone action - this via Bloomberg on sterling.
- BlackRock is short GBP - says the risk is it falls to 1 vs the USD if there is a no deal Brexit
- Morgan Stanley forecast also it'll drop toward $1 on no deal
- Latest Bloomberg survey has median $1.10
There is more at the article here (link).