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Has The Pund Peaked Against The Dollar?

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It looks like the rise of the pound against the dollar is meeting resistance. From a recent peak of around $1.66, which it reached, fell back from sharply and regained a week or two later, it is now having trouble getting back up to $1.65 before retreating. The latter has happened three successive days in a row, which often indicates a retreat will follow...

And certainly the poundis falling sharply again...

Yahoo GBP - USD chart

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