TagBritish Pound

British Pound Pulls Back Against USD Forecast

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The British Pound pulled back on Tuesday, June 20, 2023, after hitting a 14-month high the previous day. When writing, the GBP/USD pair dropped to 1.2730 but has since recovered to around 1.2780. There are a few factors that could be contributing to the Pound’s pullback. First, the US Dollar has been strengthening recently, which has weighed on the value of other currencies. Second, there...

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