Pound Will Continue to Bleed Higher, Says Goldman Sachs’s Pandl

The video discusses the current state of global and US economic growth, highlighting the stronger performance of the US economy compared to Europe and China. It explores the impact of Brexit on the European economy and the Sterling, noting the uncertainty in polling ahead of the UK elections. Forex traders are cautious, with many waiting on the sidelines. The video also examines the potential for yuan appreciation if the US rolls back tariffs on China, suggesting it as a favorable FX trade for the first quarter.

What is the case for being long the yuan according to the text?

What potential impact could tariff rollbacks have on the yuan?