GBP/USD
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<span><span>Fact about GBP and USD</span></span></h2>
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<span><span><span>Here are some interesting and amazing fact about GBP and USD</span></span></span></div>
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<span><span>Basics of the </span><b>GBP</b><span>/</span><b>USD</b><span> (British Pound/U.S. Dollar) The value of the </span><b>GBP</b><span>/</span><b>USD</b><span> pair is quoted as 1 British pound per X U.S. dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 U.S. dollars </span><b>to</b><span> buy 1 British pound.</span></span></div>
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<span><span>Why isn't the U.S. </span><b>dollar</b><span> worth more </span><b>than</b><span> the </span><b>British pound</b><span>? Generally speaking, when one country's currency is worth more </span><b>than</b><span> that of another, it does not necessarily indicate a </span><b>stronger</b><span> economy. … A currency's purchasing power can also be used as an indicator of the relative worth of currencies</span></span></div>
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<span><span>How </span><b>does Brexit affect the pound</b><span>? During the past two years, the </span><b>pound</b><span> has had a rough time of things when it comes to its price against the dollar and other currencies. … While Britons living abroad but drawing a UK pension have suffered as the </span><b>pound</b><span> has declined.</span></span></div>
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<span><span>Brexiteers now say a </span><b>crashing pound after Brexit</b><span> might not be “such a bad thing” … Then, </span><b>after</b><span> clawing back some of the decline, forecasters now warn that the </span><b>pound could</b><span> lose up to 25% of its value if Britain </span><b>crashes</b><span> out of the </span><b>EU</b><span> by the March 29 deadline without any transitional arrangement in place.</span></span></div>
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