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GBP/USD Overview. May 5. Will Geopolitics Return the Dollar to an Upward Trend?
The GBP/USD currency pair continued its
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The GBP/USD currency pair continued its decline on Monday, which began on Friday before the market closed. Recall that on the last trading day of the previous week, it became known that Donald Trump rejected another "peace plan" from Tehran. As a result, the dollar immediately strengthened. However, as we have mentioned many times, the main geopolitical shock has already been absorbed by the market, and thus any strengthening of the US dollar due to geopolitical factors is likely to
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