Pound Sterling resumes its selloff against the U.S. Dollar amidst heightened tariff fears.
The Pound to Dollar exchange rate looks better supported as Trump angles for a weaker Dollar through Federal Reserve intervention.
Pound Sterling can extend its rally against the U.S. Dollar if the Federal Reserve signals there is still scope to cut interest rates this year.
Morgan Stanley strategists are sellers of the U.S. Dollar against the Euro, Pound and Yen and buyers of U.S. treasury bonds.
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