GBP resilience could be tested but fundamentals better than they were – MUFG

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GBP resilience could be tested but fundamentals better than they were – MUFG
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GBP resilience could be tested but fundamentals better than they were – MUFG GBPUSD RiskAppetite BOE UnitedKingdom Banks

“The correlation between GBP and risk has weakened of late which may reflect some improved fundamentals.”

“Improved fiscal credibility, greater political stability and a shrinking current account deficit should all help to limit the fallout for the GBP.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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