The Pound Has Been Stripped Bare. Forecast as of 04.04.2025
The rapid rise of GBP/USD was driven by investor confidence that the United States would be the main country hit by tariffs. However, sell-offs in European equity markets brought the pound back to its starting point. Let’s discuss it and make a trading plan.Major Takeaways Britain faces a 10% tariff, the lowest among major economies. The Bank of England will cut rates more slowly than the Federal Reserve. The FTSE 100’s decline triggered a pound sterling collapse. GBPUSD’s fail