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Home Forex Trading GBP/USD struggles despite UK´s economy dodging a recession, post-Powell’s hawkish tone

GBP/USD struggles despite UK´s economy dodging a recession, post-Powell’s hawkish tone

Andrew M Nov 11, 2023 comments off
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GBP/USD failed to gain traction on Friday, extended its losses to five consecutive days, is down 0.16% or 20 pips from its opening price after hitting a daily high of 1.2237.

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Foreign exchange market Forex Trading UK Pound Sterling/US Dollar FX Spot Rate, FX Spot Rate, THOMSON REUTERS United Kingdom
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