British Pound Rallies on Johnson Campaign Launch, Later Retreats

Jun 12,2019 18:39   Source:Earnforex
The British pound today rallied to new weekly highs against the US dollar following Boris Johnson‘s launch of his campaign to become the next Conservative Party leader. The GBP/USD currency pair later fell as the US dollar recovered and investor sentiment shifted away from the pound amid the leadership uncertainty occasioned by Theresa May‘s impending departure. The GBP/USD currency pair today rallied to a weekly high of 1.2759 before falling to a low of 1.2685 […]

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