MUFG expects GBPUSD to potentially reach the low 1.30 range from its current level at 1.28874.

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GBPUSD Chart by TradingView

GBP/USD moves to within touching distance of the 1.3000 level for the first time since April of last year. Economists at MUFG Bank analyze the pair’s outlook.

See: GBP/USD looks set to extend to 1.30 in this soft Dollar environment – ING

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