GBP/USD: headed to 1.3500 Q2 2016- Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Scotiabank explained that GBP ended February at fresh multi-year lows.

    Key Quotes:

    "Trading around crisis levels last observed in early 2009. GBP has been under a tremendous amount of pressure, its decline driven sentiment and uncertainty surrounding the June 23 referendum on EU membership. We look to further weakness and hold a Q2 2016 forecast of 1.3500."
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