Citi’s Bearish Outlook on GBP Strengthens after Dovish BoE Signals
Key Takeaways: 💷 Citi FX analysts note dovish shift in BoE’s recent remarks leading to weaker GBP 📉 GBP’s underperformance particularly against USD expected to continue in the short term 🌍 Depreciation against USD attributed to strength of USD and favorable inflation in Europe 🏛 GBP weakness stems from BoE comments, no new inflation data … Read more