Previous close | 1.2270 |
Open | 1.2255 |
Bid | 1.2320 |
Day's range | 1.2255 - 1.2329 |
52-week range | 1.1992 - 1.3984 |
Ask | 1.2319 |
Rising inflation and fresh geopolitical shocks are threatening to push the UK economy into recession.
Incomes in the richest area, Kensington & Chelsea, are 4.5 times higher than the poorest area, Nottingham, according to the Resolution Foundation.
The British pound has had a somewhat quiet week, but this is actually a good thing considering how it had sold off previously. Because of this, it’s possible that a short-term bounce could be coming.