FXstreet.com (Barcelona) - The Pound is following a steady downward trending pattern since having peaked at 1.6740 on September 11, reaching, so far levels around 1.6140/50 support area, and, according to the Rabobank Financial Markets Research Team, the trend might continue for the rest of the current year.

The Rabobank Financial Markets Research team foresees the Pound picking yp from current levels to reach 1.6340 in one month time, and to resume downtrend afterwards to drop to 1.5840 in three months time.

For next year, the Rabobank Financial Markets Research team expects further decline in the first quarter of the Year, reaching levels around 1.5740, and pick up later on, to 1.5980 in six months time, and rally afterwards to end the third quarter ¡next year at levels around 1.6960.

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