In March, Danske Bank recommended selling the Pound to Dollar (GBP/USD) exchange rate at 1.2730 and has now closed this position at 1.2550.
Danske is still bearish on the Pound but, at this stage, it considers that this sentiment should be expressed by selling the Pound against the Euro rather than the dollar.
GBP/USD hit 6-week lows… Exchange Rates UK – Exchange Rates and Foreign Exchange
In March, Danske Bank recommended selling the Pound to Dollar (GBP/USD) exchange rate at 1.2730 and has now closed this position at 1.2550.
Danske is still bearish on the Pound but, at this stage, it considers that this sentiment should be expressed by selling the Pound against the Euro rather than the dollar.
GBP/USD hit 6-week lows… Exchange Rates UK – Exchange Rates and Foreign Exchange Read MoreFX Insights, GBP to USD, Pound Sterling Forecasts
Exchange Rates UK – Currency News
