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Pound Licks Wounds as Uncertainty Persists

Started by PocketOption, Oct 08, 2022, 05:51 am

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PocketOption

Pound Licks Wounds as Uncertainty Persists

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, […]


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