Forex
GBP Heads for Biggest Weekly Drop Since May Amid Downturn
The British Pound (GBP) is headed for its largest weekly decline since May against the US Dollar (USD), according to FOREX.com.
FOREX.com reports that GBP/USD has been experiencing a downturn, with no signs of recovery in sight. This comes as traders and investors continue to assess the impact of various economic factors on global markets.
No specific reasons were given by FOREX.com for this decline, but it's worth noting that the London Stock Exchange (LSE) market data is delayed by at least 15 minutes.