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Nov 14 - 12:12 PM
GBP/USD - To Rise 3.8% On A Tory Majority - Nomura Survey
First appeared on eFXplus on Nov 14 - 10:05 AM
  • Nomura this week asked 60 clients about GBP in the week after UK election

  • Those clients expect GBP/USD to rise 3.8% if the Tories win a majority

  • A 3.8% rise would take cable close to its 2019 high of 1.3380 (March 13)

  • Nomura's clients expect GBP/USD to fall 4.4% if Labour wins a majority

  • Odds suggest 58% Tory majority chance/Labour majority risk low nL2N27U0AI

  • Reuters poll (Nov 7): GBP to rise 3% if Tories win majority nL8N27M73D

GBPUSD: Click here

Source:
Refinitiv IFR Research/Market Commentary

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