Cable above the level of 1.60 by the end of the week, however, he rests his feet and hands, as shown by the motion of EUR / GBP over the past month. There is a divergence of views on monetary policy committee on the need for further quantitative easing in Britain, along with hopes for a revival of one of the leading contributing factors to the decline of sterling in recent weeks. There is a stubborn refusal of inflation is significantly reduced, especially the base, which is going to grow in the first half of next year, with increased VAT to 20%. Confidence in the policies is becoming a bigger problem in Britain (expectations of rising inflation and business customers), so that even if the expectation of further quantitative easing will be reduced, sterling may face growing pains in the end.
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