https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
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Pound / US Dollar Rate a Sell Near 1.31, Says J.P. Morgan FX Trader
The Pound to Dollar exchange rate slipped back toward 1.30 in the penultimate session of the week as Sterling underperformed many others, and one trader at J.P. Morgan says he would be a seller on any rally back near 1.31. Sterling was lower against all G20 currencies except the Chinese Renminbi, South African Rand and Mexican Peso on Thursday ahead of scheduled remarks from Federal Reserve (Fed) Chairman Jerome Powell and Bank of England (BoE) Governor Andrew Bailey in Washington. Governor Bailey speaks at the Peterson Institute for International Economics’ Macro Week 2022 event in Washington on Thursday at around ... (full story)
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