Goldman Sachs has exited its long GBP/CHF position with a small profit last week, noting that Sterling has underperformed its usual risk beta. Despite recent tactical setbacks influenced by Bank of England (BoE) Governor Bailey’s comments and geopolitical developments, Goldman Sachs maintains a constructive outlook on the British pound, supported by structural drivers and a positive global risk environment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.