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The pound crashes at the beginning of the week

GBPUSD News by Newsroom on 17:10 January 15, 2017 EST

The pound gapped down more than 200 pips at the open of the trading week. The European currency traded below 1.20 against the US dollar during the Asian session as the talk continues about negotiations with the European Union of the island's exit and the triggering of the famous article 50 when the process officially begins in just a few weeks.