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GBP/USD. Geopolitics, Politics, and Macroeconomic Data: The Pound is at a Crossroads
The GBP/USD pair has recently shown
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The GBP/USD pair has recently shown strong volatility but has struggled to determine its direction. Buyers and sellers alternately seize the initiative, reacting to the rapidly changing news backdrop. Over nearly three weeks in May, the pair traded within a wide range: buyers pushed the price to a three-month high at 1.3656, while sellers drove it to a five-week low at 1.3301.At the center of attention are geopolitics, the UK's political crisis, and key macroeconomic reports. These factors resemble the
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Irina Manzenko,
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