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Posted by
Two Blokes Jul 29 -
Filed in
Forex
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2 views
The Pound to Dollar (GBP/USD) exchange rate was unable to regain the 1.3600 level last week and retreated to around 1.3430 on Monday as the dollar regained ground. Standard Chartered expects that GBP/USD will weaken to 1.31 on a near-term view before a rebound to 1.37 on a 6-12-month view.