GBP: Targeting GBP/USD At 1.25 & EUR/GBP At 0.96 In Q1’21; GBP/JPY Short Still Attractive S/T – SocGen

The British pound has been under strong downward pressure lately. What is the outlook for the currency in Q1 of 2021? Here is their view, courtesy of eFXdata: “We expect EUR/GBP to reach at 0.96 in Q1 next year, and be at 0.94% in a year’s time. GBP/USD is likely to return to 1.25 in [...] The post GBP: Targeting GBP/USD At 1.25 & EUR/GBP At 0.96 In Q1’21; GBP/JPY Short Still Attractive S/T – SocGen appeared first on Forex Crunch.
http://dlvr.it/Rh2QR1