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Posted by
Two Blokes Jul 23 -
Filed in
Forex
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8 views
The Pound to Euro (GBP/EUR) exchange rate bounced from three-month lows at 1.15 last week, but failed to sustain the rebound and is again testing this area amid renewed Euro strength. Barclays considers that UK economic fears are overblown while the Euro is vulnerable to a correction given trade concerns and a high valuation.
