GBP/USD Price Forecast: Dives to its Lowest Level Since November 2023 Amid Relentless USD Buying
The GBP/USD pair continues to experience downward pressure, plummeting to its lowest level since November 2023. With concerns surrounding stagflation and the UK’s fiscal health, the British pound remains underperforming against a robust US dollar. Bolstered by the Federal Reserve’s hawkish stance, the US dollar’s strength continues to overshadow the GBP. Key Takeaways: GBP/USD Faces…