GBP/USD falls to seven-month low amid UK fiscal concerns, Fed hawkish tone

Published 1 week ago Negative
GBP/USD falls to seven-month low amid UK fiscal concerns, Fed hawkish tone
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GBPUSD.FOREX British Pound /...
GBP/USD extends its downward momentum, touching a new seven-month low of 1.3097 on Friday. The pair remains under persistent selling pressure as investors continue to favor the US Dollar (USD) amid reduced expectations of further Federal Reserve (Fed) easing.

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