GBP/USD bounces after government U-turn Sterling recouped losses after investors found relief in Britain's reversal on tax cuts. The original plan of a largely unfunded fiscal package had triggered a flight to safety. But buyers of Sterling-denominated assets were quick to return to the table after the government was forced into an awkward U-turn. Meanwhile, […]
The post Pound Licks Wounds as Uncertainty Persists appeared first on Action Forex.