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GBP/USD. Andrew Bailey and the Pound's Collapse
The pound is plummeting across the
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The pound is plummeting across the market. In its pair with the dollar, the British currency has dropped by more than 150 pips in just a few hours. At the start of the European session on Thursday, the GBP/USD pair updated its local high at the 1.3269 mark, but by now, the price has approached the base of the 31st figure. Notably, the pair is plunging not only (and not primarily) due to the strengthening of the greenback but also
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Irina Manzenko,
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