GBPUSD H1 Weekly analysis
The pound fell during the Asian trading session.
The British pound was under heavy selling pressure on Friday when Britain's new prime minister unveiled his new budget. This event has been called a "risky gamble". Last week ended with GBP/USD falling to a 1985 low. And this morning this level did not last long.
The British pound was under heavy selling pressure on Friday when Britain's new prime minister unveiled his new budget. This event has been called a "risky gamble". Last week ended with GBP/USD falling to a 1985 low. And this morning this level did not last long.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.