GBP/USD Plunges as Tariffs, Recession Fears, and CPI Dismal Forecasts Crumble the Pound
GBP/USD tumbles to multi-month lows as renewed tariff threats, rising UK recession risk, and weaker CPI forecasts weigh heavily on the pound. Technical breakdown signals continued bearish momentum amid escalating economic uncertainties. Traders brace for further downside pressure unless macro outlook improves.
