Pound Sterling Recovers Amidst Market Uncertainty
The Pound Sterling has experienced a short-term recovery, with the GBP/USD pair trading near 1.3180. The market’s focus remains on the Federal Reserve’s monetary policy outlook, with expectations for interest rate cuts in September increasing. The weaker-than-expected US Nonfarm Payrolls data has raised concerns about the US economy’s growth prospects, potentially impacting the Federal Reserve’s […]