MUFG trade of the week: Sell cable

Trade of the week from Mitsubishi
MUFG recommends selling cable at spot with a target of 1.21 and a stop at 1.2575 in its trade of the week.
"We are recommending a short GBP/USD trade idea after the GBP continued to perform poorly over the past week… it has increased the risk that GBP weakness will accelerate