Barclays issued a recommendation for the GBPUSD currency pair.
Barclays recommends taking a short position on the pair with the following levels:
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Create account Try a demo Download mobile app Download mobile appEntry (market): 1.2475
Target: 1.2100
Stop: 1.2700
Barclays recommends taking a short position on GBPUSD at market price with a target of 1.2100 and a stop loss order placed at 1.2700. Source: xStation5