This week we continue with the analysis of some of the most popular instruments with the currency pair GBP/USD, which was one of the best performing forex pairs last week. To a large extent, the arguments in the analysis remain valid when trading other crosses, due to the interdependence of the markets.
Source: Dreamstime | Author: Kontakt5956
Reading time: 1 minute
With close to 250,000 more UK households now facing destitution despite the lowest unemployment figures in almost 50 years, most economists unanimously agree that the country has a 40% chance of entering a recession before the year is over.