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Posted by
Two Blokes Jul 8 -
Filed in
Forex
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17 views
After hitting 44-month highs close to 1.3800 on July 1st, the Pound to Dollar (GBP/USD) exchange rate has retreated to test support near 1.3600. Scotiabank notes underlying fiscal risks, but considers that recent turbulence was just a blip and that confidence will be maintained as long as Chancellor Reeves remains in office.