City Index tops table with bullish sterling view

gbp-usd-2810

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City Index has topped this week's one-month currency forecast rankings after predicting sterling would be the biggest winner against the US dollar following the US Federal Reserve’s decision not to taper its asset purchasing programme in September.

On September 20, when GBP/USD was trading at 1.6007, City Index forecast that the announcement of the Fed’s resolution at the Federal Open Market Committee (FOMC) several days beforehand would weaken the

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