EUR/GBP: Poor UK fundamentals to be a drag on the Pound – Rabobank – by MSalordFX EURGBP GBPUSD Banks
“Weak productivity, low investment growth, high inflation, recession conditions , and a current account deficit are all likely to weigh on GBP this year. We continue to expect EUR/GBP to grind higher to 0.90 by the middle of the year and while we see scope for another move belowInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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