Sterling Under Global Pressure as GBP/USD Targets $1.30 Breakdown
The British pound has slid to $1.3086 against the dollar and collapsed to a multi-year low of €1.13 against the euro, as UK fiscal anxiety combines with a recovering US dollar to push cable toward the psychologically critical $1.30 threshold. Analysts at Mizuho warn a confirmed break below that level could open the path to $1.28–$1.29, while soaring gilt yields — 30-year gilts at their highest since 1998 — signal that international bond markets are pricing in sustained UK fiscal stress. The ster
ViaNews Editorial Team•