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Goldman Sachs: Expect GBP/USD at $ 1.20 in 3 months

In its latest forecast on the GBP, analysts at Goldman Sachs see sterling at $1.20 and 90 pence per euro in 3 months, $1.25 and 80 pence per euro in 12 months, Reuters reports.

At the moment, the cable hovers around 1.33 handle, recording a -0.40% loss on the day.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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