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GBP/USD Outlook: Pound Recovers Ground from Powel-led Losses

Started by forex4you, Sep 09, 2022, 08:45 am

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Sep 09, 2022, 08:45 am
GBP/USD Outlook: Pound Recovers Ground from Powel-led Losses

The pound dropped after the death of Queen Elizabeth. Powell restated the Fed’s commitment to tame inflation. The UK might face a balance of payments crisis due to the sterling’s decline. The GBP/USD outlook dropped against the dollar following Queen Elizabeth’s death, who had ruled Britain for the longest time and served as its symbol … Continued


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