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Here's someone who likes the pound

Discussion in 'Market News' started by ForexLive, Jan 15, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Credit Agricole says to buy GBP We remain of the view that the GBP faces only limited downside risks from current levels. The currency has been among the weakest currencies in G10 FX since the start of the year, mainly on the back of intensified Brexit fears and weaker risk sentiment. However, constructive domestic conditions should prevent medium-term inflation expectations from falling further. This is especially true should next week's labour data and retail sales release keep domestic demand expectations supported.

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