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Forex pairs in this Article » GBP/USD
FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, argues that the weakness around the US dollar would keep the GBP/USD attractive.

Key Quotes

"We start the week with the pound touching new long term highs versus the euro and the dollar. GBPUSD reached its highest level since November 2009 touching 1.6823 over the weekend, with GBPEUR breaking ground at 1.2255 which represents the best level to buy euro’s since January 2013."

"The pound has been performing well in recent weeks but it was the increase in UK growth forecasts that followed the quarterly inflation report last week which provided the fuel to push the currency on further. Poor data from a weather affected US continues to undermine the dollar and only serves to make the pound look a good bet right now."
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