#GBP/USDHits35-YearLows#
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The FX market is seeing some of its biggest moves in years across a swath of different currencies, but there’s no pair more interesting right now than GBP/USD. At the start of last week (a lifetime ago in the coronavirus time), the pair was trading above 1.30, near the top of its 20-month range. Since then, rates have absolutely imploded, with the pair falling to trade below 1.1500 earlier today, the culmination (so far) of a nearly 600-pip peak-to-trough collapse yesterday alone.
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