From the FXWW Chatroom: WSJ – Hedge Funds Bet Battered Sterling Could Plunge Further. Industry insiders say hedge-fund managers, many of whom were cautious ahead of Brexit, are aggressively cranking up their bets http://www.wsj.com/articles/hedge-funds-bet-battered-sterling-could-plunge-further-1468844839 Once again the talk is 1.2300 by year end and target of 1.2000.
View further market information in the FXWW Chatroom with a free trial.