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UK PM Theresa May has entered Downing 10 and appointed Phillip Hammond as Chancellor of the Exchequer. Until they both get used to their new roles, the pound moves mostly on the BOE.

Here are two opinions on the next direction of the pound:

Here is their view, courtesy of eFXnews:

GBP/USD Squeeze Won’t Go Beyond 1.35 But The Context Matters – SocGen

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