<p>The British pound remains under downside pressure against the US dollar, with the pair now approaching the 1.2300 support area. If the GBPUSD weakens below the 1.2200 level the final line of
EUR/USD retreats from daily highs reached at 1.0725, dives some 0.37% as the Greenback was underpinned by hawkish remarks of Federal Reserve Chairman Jerome Powell and elevated US Treasury bond yields
Leave a Comment