GBP/USD Forecast July 5-12 – Pound Rebounds as Greenback Sags
July 05, 2020 at 05:02 AM EDT
The UK economy contracted in Q2 by 2.2 percent. This was a downward revision from the initial estimate of 2.0 percent. This was the worst quarterly fall since 1979, as the coronavirus has had a huge negative impact on economic activity.
