Pound US Dollar exchange rate: Will GBP/USD close at its lowest level since April 1985?

Pound US Dollar exchange rate: Will GBP/USD close at its lowest level since April 1985?

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After falling to a low of $1.195, the GBP/USD exchange rate has returned to trading in the region of $1.208. While Sterling started the day on a downtrend, a mixed bag of disappointing US manufacturing data and UK political developments saw Sterling claw back some losses this afternoon.



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