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How Far Down Can Go The Great British Pound

Markets

Summary

GBP has sold off more after Brexit vote, and rumors it will go further.
Will GBP continue to slide, or is this a buying opportunity?
GBP can probably sell off a little more – but not below 1.25.
GBP should retrace, as all currencies usually do after a downturn.
A GBP recovery should be in the cards in the near future.

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