GBP/USD: Sunak exacerbates sterling’s slide, US data could trigger larger breakdown

GBP/USD has been extending its falls amid fears of UK taxes, ongoing dollar strength.  A critical Non-Farm Payrolls hint and BOE Bailey’s speech are set to rock cable.  Thursday’s four-hour chart is showing that the pair is nearing critical support.  “Difficult things to come” – read a note snapped by a quick photographer, contributing to […]

The post GBP/USD: Sunak exacerbates sterling’s slide, US data could trigger larger breakdown appeared first on Forex Crunch.

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