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The pound continues to fall

January, 10 2025

The British pound continues to lose ground, showing a noticeable lag behind the trajectory of UK government bond yields. Deutsche Bank analysts recommend selling the pound based on data from a broad trade-weighted index.The current quote of the GBP/USD pair is 1.2213. Today, the currency has plummeted from 1.2318. Analysts note that since the beginning of the year, the pound sterling has shown the worst results among world currencies, comparable to the decline recorded after the announcement of ... Read More

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