The British pound has dropped below $1.23, reaching its lowest level since Nov 2023. A mix of domestic challenges, including potential BoE rate cuts, fiscal concerns, and global trade tensions weigh heavily on the currency.
The British pound has dropped below $1.23, reaching its lowest level since Nov 2023. A mix of domestic challenges, including potential BoE rate cuts, ...
Sterling continues to outperform major peers but faces potential headwinds with sticky services inflation and expectations of future BoE rate cuts. ...
GBPUSD declined by -0.19% due to weaker UK CPI data, with potential volatility ahead of the US CPI release....
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