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The pound is crashing again

Sterling is diving against the dollar again on Thursday lunchtime in London. Here's how the pound looks at 12.30 p.m. BST (7.30 a.m. ET):As you can see, the currency slumped sharply around 11.30 a.m. BST. The fall appears to be more about the dollar's strength than the pound's weakness. FXTM Research Analyst Lukman Otunuga says in an email this morning: "Dollar bulls received ample encouragement on Wednesday following the upbeat U.
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