- The GBP/USD pair has fallen significantly during the trading session on Friday as we ended the week.
- The market now looks likely to continue dropping given enough time, but ultimately, it’s a question of how quickly it’s going to happen.
- The US dollar has been like a wrecking ball against almost everything, the British pound won’t be any different.
- The Bank of England has recently admitted that the British economy is almost certainly going into recession.