英镑反弹恐近尾声!大摩警告：英国预算案行情或是“最后欢呼”

Group 1 - Morgan Stanley has closed its bullish stance on the British pound, indicating that the currency may have reached its last favorable catalyst recently [1] - Following the UK budget announcement, the pound briefly rebounded against the dollar, but this upward trend is likely to fade [1][4] - The attractiveness of the pound against the dollar has diminished, with its correlation to the stock market dropping to zero and a lack of positive local drivers in the short term [1] Group 2 - The pound rose above 1.32 against the dollar after the budget announcement, signaling a more restrained government borrowing approach [4] - Morgan Stanley suggests that if the Bank of England implements sufficient rate cuts, it could alleviate negative factors affecting the pound, potentially creating more fiscal space [4] - Jefferies also anticipates that the pound's upward momentum is unlikely to persist, citing ongoing fiscal vulnerabilities as a reason for further potential weakness [4]