Pound was hit by a train

The medicine may be more dangerous than the illness. This is not the only problem of the GBP/USD

While the US continues boosting its fiscal stimulus, the UK weighs the risks that the medicine could do more harm than the illness. The UK took second place in the number of deaths from coronavirus. Therefore, the Treasury extended the UK scheme to pay wages of workers on leave because of coronavirus will be extended to late October. According to MUFG, this scheme already costs £49 billion, and its extension will increase the spending by another £30 billion. Taking into account the…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>