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Posted by
Two Blokes Apr 25 -
Filed in
Forex
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6 views
The Pound to Dollar (GBP/USD) exchange rate surged to test 3-year highs around 1.3430 this week before a limited correction. The bank considers that there is scope for an extended dollar retreat in response to a less attractive investment environment which can take GBP/USD to 1.40 by the end of next year.