RSS Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025

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 RSS Pound Plunges as UK Economy Faces Turbulent Times. Forecast as of 09.01.2025

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The beginning of 2025 has created a sense of déjà vu. As in the fall of 2022, UK gilt yields are soaring rapidly, and the pound is plummeting. How will this development affect the GBPUSD pair? Let's discuss this topic and make a trading plan. Major Takeaways The 30-year UK bond yield has reached its highest level since 1998. Rising debt rates will not allow London to balance its budget. Another tax hike will damage the economy. The GBPUSD pair is approaching 1.22. Weekly Fundamental Forecast for Pound Sterling The US dollar's recent strength, evidenced by an increase in US Treasury... Read full author’s opinion and review in blog of #LiteFinance
 
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