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Goldman Sachs: revised currency forecasts

Goldman Sachs revised its EUR/USD, GBP/USD and EUR/GBP forecast, reflecting the monetary policy trends of the major central banks. 

EUR/USD

3-month EUR/USD forecast was revised down to 1.35 from 1.38 previously, while the 6- and 12-month forecasts left unchanged at 1.34 and 1.30 respectively.

GBP/USD

GBP/USD forecast was revised to 1.73, 1.74 and 1.73 on a 3-, 6- and 12-month horizon, up from 1.68, 1.69 and 1.65 previously.

EUR/GBP

The bank revised its 3-, 6, and 12-month forecasts for EUR/GBP down to 0.78, 0.77 and 0.75 from 0.82, 0.79, 0.79 previously. 

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