THE HEDGE FUNDS MAY STILL BE GOING LONG GBP
2020-01-15 07:27:50
The last balance of trade report may spur the buying sentiments of the hedge funds for the Sterling. The BOT report exceeded forecast as actual stood at GBP4.03B as against -3B forecast. The hedge funds have been accumulating long positions on the Sterling since 24 December 2019. Price have hoovered around previous months lows. We could see price push up