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British Pound (GBP) Price Outlook: GBP/USD Challenging Support

GBP/USD price, news and analysis: GBP/USD weakness looks set to continue as the financial markets remain jittery after news that the first case of the Omicron variant of Covid-19 in the US has been found, suggesting it is still spreading. A hawkish Federal Reserve chair, who has reiterated that a faster taper of US stimulus than previously expected is now on the cards, is not helping either. GBP/USD weakness may persist GBP/USD is continuing to slip back within a d

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