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Posted by
Two Blokes Thu at 9:00 AM -
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Forex
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The Pound to Dollar (GBP/USD) exchange rate hit 40-month highs above 1.3600 last week before a retreat back below 1.3500. Goldman Sachs is slightly less positive on the Pound, but still expects dollar depreciation will dominate with GBP/USD strengthening to 1.44 on a 12-month view.