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GBP/USD Price Weighed Down by Brexit, Politics, Eying FOMC

Posted by: Forex Crunch in Forex Analysis July 6, 2022

As it consolidates its biggest daily loss in three weeks, GBP/USD struggles to gain momentum. Following Prime Minister Johnson’s defense of former Tory leader Chris Pincher, three key British diplomats have resigned. During Brexit, the five-point plan of the EU Labor Party was not approved. Before FOMC minutes and ISM US Services PMI, recession fears … Continued
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