BBH: Political Risks Cap GBP/USD Recovery
A BBH analyst notes GBP/USD bounced after holding above its late-March low, but political risks continue to cap further gains.
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Elias Haddad of Brown Brothers Harriman writes that GBP/USD has rebounded after holding above its late-March low. However, he sees political risks still tilted to the downside, limiting the currency pair's recovery potential. The outlook remains cautious as headwinds persist.
Source: FXStreet Forex News