GBPUSD has been dragged back below the 1.220 psychological level.
The just-released UK wages data suggests that pay growth is easing, which may allow the Bank of England to hold back from proceeding with another rate hike.
Ongoing concerns over China’s economic growth have sent investors rushing toward the dollar with growing bets around US interest rates staying higher for longer supporting upside gains!
Ongoing concerns over China’s economic growth have sent investors rushing toward the dollar with growing bets around US interest rates staying highe...
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