Pound Stays at Six-Month Low as Risks Weigh Ever Harder

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GBP/USD is consolidating at 1.3232 on Tuesday. The pound remains near its lowest levels globally since late November, with growing pressure stemming from uncertainty over the Iran conflict and rising oil prices. At the same time, the US dollar continues to draw support from strong US labour market data, which has reduced expectations of Federal […]The post Pound Stays at Six-Month Low as Risks Weigh Ever Harder appeared first on ActionForex.