Bank of America Merrill Lynch issued a recommendation for the GBPUSD currency pair.
The Bank recommends taking a long position on the pair with the following levels:
Entry (market): 1.2940
Target: 1.3500
Stop: 1.2600
Bank of America Merrill Lynch recommends taking a long position on GBPUSD at market price with a target of 1.3500 and a stop loss order placed at 1.2600. Source: xStation5
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