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On January 9, 2025, the GBP/USD exchange rate experienced significant volatility. The British pound stumbled on Thursday, dropping to 14-month lows against the US dollar. This plunge occurred amidst a surge in UK yields. Additionally, on an earlier date, June 21, 2024, the exchange rate between 1 British pound Sterling and US dollar was also noted. Overall, the Sterling faced substantial pressure, with multiple reports highlighting its decline on different occasions, including a plunge on Wednesday.

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