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GBP/USD crashes to record post-decimalisation low

MongiIG

By MongiIG,
in Foreign Exchange (FX)

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MongiIG

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Friday’s fiscal plan unveiled by the UK government has scared off investors and as a result the pound is down heavily across the board.

IGTV’s Jeremy Naylor explains that while sterling is off today’s lows, it has suffered breaks of support taking the pound down to levels not seen in decades against a basket of currencies.

 

 

 

 

 

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