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GBP/USD Drops as UK PM Sacks Chancellor Kwarteng

Started by PocketOption, Oct 15, 2022, 06:03 am

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PocketOption

GBP/USD Drops as UK PM Sacks Chancellor Kwarteng

The GBP/USD was down about 130 pips on the session at the time of writing on Friday afternoon. This comes after under-pressure UK Prime Minister Liz Truss sacked her also-under-pressure Chancellor, Kwasi Kwarteng. There were lots of rumours on Thursday that this would happen, which saw the cable and FTSE stage a relief rally. But […]


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