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British Pound begins to rise, however nonetheless faces challenges – Analytics & Forecasts – 19 July 2022

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he British Pound has been subjected to an onslaught of challenges recently.

These challenges have not been short term ones, either.

Over the past two years, there have been factors which have had an overreaching effect on the economic circumstances of most Western nations, including government-enforced lockdowns, which were the first in a series of policies which have had a domino effect.

In the United Kingdom, adherence to lockdowns was enforced in a different way to those in many other nations. Instead of policing the movements of people, the British government introduced a furlough scheme which effectively paid people to stay at home…..More  info:  blog  FXOpen



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