GBP hits 6-day low in Asia as UK economy feels the inflation pinch

The GBP/USD has dropped to a 6-day low of 1.2904 in Asia and is threatening to take out the psychological support level of 1.29 on concerns the traditionally resilient UK consumer is finally giving up due to rising price pressures.

US GDP tracking update: lowered Q2 GDP estimate by 0.3pp to 3.0% - Nomura


GBP/USD hits 6-day low in Asia as UK economy feels the inflation pinch


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