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GBP/USD neutral in the near-term – UOB

FXStreet (Edinburgh) - The research team at UOB Group has reiterated the neutral bias on GBP/USD in the next weeks.

Key Quotes

“The sharp drop last Friday indicates that the 1.4410/15 high is the extent of the corrective rebound and the ideal level of 1.4450 mentioned previously is not met”.

“The outlook from here is rather mixed and this pair is expected to trade in a broad 1.4080/1.4420 range, at least for another several more days”.

GBP/USD focus on 1.4151 – Commerzbank

According to Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair’s attention has shifted to 1.4151...
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BoE: Inflation report to downgrade growth and inflation forecasts – Lloyds Bank

Research Team at Lloyds Bank, notes that the recent speeches from BoE Governor Carney and other MPC members, as well as the minutes of the January policy meeting, have emphasised the accumulation of downside risks to domestic activity and inflation since the November Inflation Report (IR).
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