Royal Bank of Canada (RBC) issued a recommendation for GBPUSD currency pair.
Bank recommends taking a short position on the pair with following levels:
Entry (market): 1.2621
Target: 1.2350
Stop: 1.2720
RBC recommends taking a short position on GBPUSD at market price with a target of 1.2350 and a stop loss order placed at 1.2720. Source: xStation5
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