The Pound

Hawkish Fed comments, china us tensions over taiwan are support a strong US Dollar – Wed, Aug 3, 2022

The pound, GBPUSD, reached 1.2290-1.2300 zone after US FOMC Meeting and a weak US GDP report. However, the pound has been sold off to make a correction since the start of yesterday’s trading session because Pelosi visited Taiwan news. The pound is making a correction and it may drop to 1.2080-1.2100 or further to 1.120-1.220. … Read more