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Pound getting crushed as Hammond delivers budget

GBPUSD News by Allie Longford on 07:49 March 08, 2017 EST

Probably not as a consequence of what conservative Hammond is saying in the chamber, nothing new yet, but the pound is on its way to testing the 1.20 figure against the US dollar.

The British currency has been weak since last week when it reached the 1.27 level against its American counterpart.