Gbpusd Flying Today Short

GBP/USDOANDA

Description

⋅ Apr 12, 2024 8:09 PM

FX:GBPUSD
GBP/USD extends losses and trades at fresh multi-month lows below 1.2450 even after the January month UK GDP was revised higher to 0.3%. The negative shift seen in risk mood fuels another leg higher in the USD and drags the pair lower.