Trader, analyst and instructor with a 6-year experience

UBS: long on GBP/USD

Strategists at UBS got inspired by the recent pound's strength. They went long on GBP/USD on a daily close above $1.6055 with a target of $1.6725 and an initial stop at $1.5875 (a bit below the Wednesday's low). 


Chart. Weekly GBP/USD

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