UK to Trigger Article 50: Is GBP Turning Higher?

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With Non-Commercial Sterling short positions hitting record levels but GBP still rising, it is worth taking some time to consider the underlying dynamics that are fuelling this disconnect between positioning and price action, starting first of all with central bank policy. BOE Take Hawkish Turn At their recent meeting, the BOE took a hawkish shift with one member, Forbes, actually voting for a...

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