GBP/USD Retreats from 1.3850 Peaks
The week began with GBP/USD positioned at approximately 1.3660, indicating a sustained period of pound strength in contrast to a weaker USD. Initial trading remained stable, but by Tuesday, the pair ceased its gradual movement and began to surge rapidly. A surge of dollar selling impacted global foreign exchange markets, causing GBP/USD to rise sharply, … Read more

