GBPUSD - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the GBPUSD currency pair.

The Bank recommends taking a short position on the pair with following levels:

Entry: 1.1176

Target: 1.0500

Stop: 1.1800

Morgan Stanley recommends taking a short position on GBPUSD at 1.1176 with a target of 1.0500 and a stop loss order placed at 1.1800. Source: xStation5

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