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This guest article was written by Hangfu Zou, Senior Analyst at AETOS Capital Group.
In this article, we will first analyse the past behaviour of GBP/USD since the financial crisis, then the trend that has been created in the last one and a half years, and finally the recent behaviour of the British pound and relevant factors that influence it.
As we know, the historical low of the pound in the past 10 years happened after the financial crisis, and it did not take too much – a simple crash was enough. In order to recover from the crash, the British government ... (read more)