According to ING, there is a likelihood for GBPUSD to trend towards 1.30 in the short-term. The current rate is recorded at 1.27576.

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GBPUSD Chart by TradingView

Sterling continues to ride high. Economists at ING discuss GBP outlook ahead of the Bank of England (BoE) meeting.

See – BoE Preview: Banks expect 25 bps, door open to further hikes

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