Bank of Tokyo-Mitsubishi UFJ Lee Hardman expects the Bank of England will have to ease more, which will weaken the pound to under $1.50 in the next couple of months.
Economists expect data next week to show the U.K. economy is slowing.
Read the full article at http://www.bloomberg.com/news/2012-06-09/pound-strengthens-as-boe-keeps-stimulus-on-hold-gilts-decline.html
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