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Lack of clarity on Brexit - sell GBP rallies
Lack of clarity on Brexit - sell GBP rallies
Via an overnight note via Credit Agricole, the headline is the gist of it.
- lack of clarity on where to from here on Brexit
- rebound in GBP is a sell opportunity
- the move higher in GBP likely driven by the large short market
- a more constructive view on the pound is unlikely ahead until more clarity on Brexit
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