Currency Analyst since 2010

BoA: bearish view on GBP

Analysts at Bank of America Merrill Lynch think that EUR/GBP will likely resume uptrend targeting 0.8805/0.8816. As for GBP/USD, the specialists expect sterling to slide to $1.4783/1.4767 and, eventually, the multi-decade range lows between $1.4035/1.3504.

Chart. Daily EUR/GBP

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