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Barclays have recommended a short.....>

EURO-STERLING
EURO-STERLING: Barclays have recommended a short EUR/GBP position (spot
reference GBP0.8630) with a target at GBP0.8400 and a stop at GBP0.8760.
- Barclays reason that "after the sequence of Brexit votes in the UK, GBP should
benefit from decreased-uncertainty, in our view. For EUR, we are still
recommending short EUR/USD with an accommodative ECB and weaker growth outlook
in euro area."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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