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Posted by
Two Blokes Jul 7 -
Filed in
Forex
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18 views
The Pound to Euro (GBP/EUR) exchange rate slumped to 10-week lows near 1.1530 last week and a corrective recovery quickly ran into resistance with the pair trading around 1.1585. MUFG considers that budget concerns, allied with the persistent current account deficit, will leave the Pound vulnerable and the bank has GBP/EUR target of.
