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The British pound

The British Pound (GBP) is striving to further improve beyond the recent peak of 1.2660 against other currencies.

The GBP/USD pair is demonstrating resilience, buoyed by positive economic signals indicating the UK's path towards economic expansion. Additionally,

the US Dollar's decline, attributed to disappointing March data from the United States Institute of Supply Management (ISM) Services PMI, has contributed to the Pound's strength.

 

Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company. 


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