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Posted by
Two Blokes Apr 15 -
Filed in
Forex
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4 views
After hitting 16-month lows below 1.1450 last week amid serious market turmoil, the Pound to Euro (GBP/EUR) exchange rate has rallied to 1.1560. ING expects soft UK data this week which could drive GBP/EUR to re-test 16-month lows just below 1.1450, but is also sees scope for a rebound if there is a more dovish ECB stance at Thursday's.
