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22 May 2025

The British pound is near a 3-year high ahead of crucial data

The British pound rose in the European market on Thursday against a basket of major currencies, extending its gains for the fourth consecutive day against the US dollar, trading near its highest level in three years.

The pound rose against the dollar by approximately 0.2% to $1.3441, up from the opening rate of $1.3419, and recorded a low of $1.3405

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