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Posted by
Two Blokes May 3 -
Filed in
Forex
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The Pound to Dollar (GBP/USD) exchange rate hit 3-year highs close to 1.3450 in late April before a correction to just below 1.3300. SocGen considers that the dollar can consolidate in the near term, but will face further selling if the economic deteriorates with GBP/USD gains to 1.38 in the first quarter of 2025.
