Two Blokes

ING Forecast: Threat of Bank of England U-turn, 12-Month GBP/USD Forecast 1.34

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    Posted by Two Blokes Jul 15 - Filed in Forex - 3 views
    The Pound to Dollar (GBP/USD) exchange rate has retreated to 3-week lows just below 1.3400. ING expects that the Pound will lose ground as fiscal and monetary policy concerns sap confidence, but it also expects dollar losses will resume later in the year.