Breaking: GBP/USD breaks 1.26 the figure as risk-off tensions mount By FXstreetNews Breaking GBPUSD
based on the prices of a basket of S&P 500 Index options with 30 days to expiration, surged more than 16% to 31.78.
Domestically, the sterling has been pressured of late by a weak economic outlook and less hawkish Bank of England expectations that are concerned about risks of a possible recession. A political crisis as lawmakers triggered an investigation into whether Johnson had misled parliament over Downing Street parties during lockdown is also simmering away in the background.
France Dernières Nouvelles, France Actualités
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