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GBP/USD: Mildly offered around 1.2050 amid Covid-led risk aversion, challenges to UK economy

by GBP Editor
November 28, 2022
in GBP
Reading Time: 1 min read

Fears of widespread lockdowns in the UK supersede hopes of stimulus. GBP/USD bears attack short-term key support around 1.2050 during the second downbeat performance heading into Monday’s London open.

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  • Markets Week Ahead: US Dollar, Euro, British Pound, Gold, Dow Jones, Fed, ECB, BoE - January 30, 2023
  • Pound US Dollar (GBP/USD) Exchange Rate Rangebound Despite Persistent BoE Rate Hike Bets - January 30, 2023
  • Trade of the Week: GBP to USD Ready to Rock - January 30, 2023
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