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GBP/USD Crashes Under 1.35

GBP/USD has tumbled under 1.35, extending its rapid decline. The currency pair hast hit a low of 1.3473, a level last seen in January.

The US dollar index continues to rise on Wednesday, for the fourth consecutive day. The dollar index was able to reach its levels during 2021 thanks to these recent rises. The rise of the US dollar was supported significantly by the statements of the US Federal Reserve Governor, Jerome Powell yesterday.

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