Jul 2, 2025
GBP/USD slumps over 1% as UK political turmoil triggers market sell-off
The British Pound (GBP) weakens against the US Dollar (USD) on Wednesday, with GBP/USD sliding over 1% on the day from its highest level since October 2021. The pair is trading near 1.3593 during the American session, as political and fiscal jitters weigh on Sterling sentiment.
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