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Cable longs are MUFG’s trade for next week
MUFG recommends buying cable at spot (1.4162) with a target of 1.4585 and a stop at 1.3950.
"We see the near-term prospects as positive for the pound. While there is danger that the Delta variant delays the full reversal from lockdown, the high frequency data suggests a very strong
Search Web: MUFG trade of the week: Buy GBP/USD
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