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Decline in the pound will continue for three key reasons, economist Adam Posen warns

“Sterling is likely to further weaken amid increasing political instability and sluggish Brexit negotiations, according to a leading economist” writes Holly Ellyatt for “The day-to-day, month-to-month movements (in the pound) will focus on the everyday (Brexit) negotiations,” he said.”But for the British people and the British economy going out more than six months, what’s going to happen is a decline in the pound.

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