Pound Falls on Political Uncertainty and Weak UK Data, Later Rallies

Jun 22,2019 14:07   Source:Earnforex
The British pound today fell to its daily lows in the mid-London session as investors reacted to the release of the weak UK public sector finances data. The GBP/USD currency pair was also weighed down by the political uncertainty in the UK as investors deal with the prospect of a hard Brexit. The GBP/USD currency pair today fell from an Asian session high of 1.2725 to a low of 1.2642 in the mid-London session before retracing most of its losses. The currency pair […]

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