UBS: Pound Can Take Advantage of Dollar Vulnerability,12-Month GBP/USD Forecast 1.39

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  Posted by Two Blokes Apr 27 - Filed in Forex - 1 view
  
  UBS has cut its dollar forecasts and now expects the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.39 on a 12-month view. GBP/USD jumped to test 3-year highs at 1.3430 early in the week before consolidating above 1.3300.