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GBP/USD Price Marching to 1.36 as Yields Drop, Eying Fed/BOE

Started by forex4you, Feb 09, 2022, 09:36 am

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GBP/USD Price Marching to 1.36 as Yields Drop, Eying Fed/BOE

A weaker US dollar boosts GBP/USD prices over the past two days. Inflation concerns dampen yields from a 2.5-year high. A mini-shuffle by British Prime Minister Johnson indicates a break in the Brexit impasse, while the UK PAC criticizes Brexit. The GBP/USD price continues its recovery from yesterday’s lows towards 1.3600 early Wednesday morning in … Continued


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