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British Pound (GBP/USD) Latest – Volatility on the Horizon?

October 23, 2023

Via: DailyFX

The British Pound is little changed as traders open their books for the week with little macro news around to start a move. The situation in the Middle East remains unpredictable and very volatile, while the proposed Israel move into Gaza is seemingly still on hold. Market sentiment is risk-averse at the open and likely to stay that way ahead of a week packed full of potentially volatile releases and events. The delayed UK unemployment will be released tomorrow morning (07:00 UK) before the latest S&P Global PMIs hit the screens at 09:30 GMT.

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