The British pound is lower on Friday. In the European session, GBP/USD is currently trading at 1.2201, down 0.27% on the day. The pound can’t find its footing and is down 2.5% in January and a massive 8.8% since October 1.
Kenny Fisher is a Financial Content Writer at Oanda, specializing in fundamental analysis. He covers a range of topics within finance, including inflation, markets, and the economic landscapes of Australia, the European Union, and the United Kingdom, with a focus on commodities, trading, and banking. Kenny's insights have been featured in prominent publications such as Yahoo Finance, TalkMarkets, NXTmine, OANDA, Daily Forex, The Business Herald, and FXStreet.