FXWW News/GBP crosses

GBP will be vulnerable whilst geo-political uncertainties continue

In the short-term, the overly long GBP market will remain vulnerable to squeezes whilst the geo-political tensions surrounding Ukraine continue. One can make a strong medium-term case for being long GBP whilst the situation is ongoing but in the short-term it will be all about positioning.

Look to pairs like GBP/CAD and GBP/AUD for some opportunities.

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