ING predicts that GBPUSD, currently at 1.28866, is likely to continue rising to reach 1.30 as the Dollar weakens.

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ING predicts that GBPUSD, currently at 1.28866, is likely to continue rising to reach 1.30 as the Dollar weakens.

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    GBP/USD has risen to the highest levels since last April on the back of some strong UK wage data for May. Economists at ING analyze the pair’s outlook.

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