GBP/USD Forex Signal: Crash To Continue Amid BoE And Fed Divergence
January 20, 2025 at 05:46 AM EST
The GBP/USD exchange rate resumed its downward trend after the recent UK and US economic numbers. The pair dropped to a low of 1.2170 and is nearing its lowest level since October 2023. It has fallen by almost 10% from its highest level in 2024.