GBP remains under pressure – Danske Bank

Jakob Christensen, Chief Analyst at Danske Bank, sees GBP coming under renewed pressure in the next periods.

Key Quotes

“The GBP continues to regain lost terrain with EUR/GBP dropping below 0.8250 and GBP/USD reaching 1.3500”.

“Having said this, we still maintain the view that GBP risks remain skewed to the downside over the coming months, as we expect political uncertainty, monetary policy together with portfolio and FDI flows to put pressure on the GBP”.

Jun 30, 2016

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