MUFG wary of a falling GBP, citing excessive long positioning ...Middle East

In summary from MUFG, saying GBP could weaken further. Citing:long positioning is still excessiveglobal risk aversionexpectations of further UK interest rate cuts being further priced inEUR/GBP update, back into the early 2024 range: This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about mufg wary of a falling gbp citing excessive long positioning was published today ( Tuesday 06/08/2024 - 02:57 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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