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Recent comments from PM Theresa May that Article-50 will
be triggered before end of Mar 2017, sparked off the 2% sell-off in
GBP/USD to 31-year low of 1.2686, 1.8% in GBP/MYR, 1.6% in GBPSGD, so far
this week. There may be some factors mitigating the pace of GBP decline,
including recent good run of economic data and stretched GBP shorts,
which may see some chance of GBP rebound. But these are merely short term
factors.
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