GBPUSD Soars to 1.38 Highest Since 2021 on Strong Pound Momentum
GBPUSD rose to 1.38, its highest since October 2021, gaining 2.06% in four weeks and 10.84% over the past year.
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GBPUSD rose to 1.38, its highest since October 2021, gaining 2.06% in four weeks and 10.84% over the past year.
The dollar weakened on rising odds of Fed rate cuts and concerns over Fed independence after Trump’s efforts to remove Fed governor Lisa Cook; euro and pound gained while markets await the PCE inflat…