Strategists expect the currencies to reach parity with each other over the coming year.
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The British pound's relative upswing over the past few weeks will come to an end when Britain formally begins divorce negotiations with the European Union, and if the talks turn fractious its fall could be steep, a Reuters poll showed Tuesday.In one month's time a pound will be worth $1.23, in three months $1.21 and in a year $1.21, according to the poll of over 60 foreign exchange strategists taken in the past week.Those medians are a little stronger than in last month's poll, with the pound up about 1.5 percent this year, but some still thought the pound could fall below $1.10 in a year.
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