
GBP/USD Forecast: Pound Near Six-Week Low as UK Borrowing Jumps and Dollar Strengthens
Summary:GBP/USD trades near 1.3370, close to a six-week low, after UK government borrowing exceeded forecasts and renewed concerns over the country's public finances. UK public sector net borrowing reached Β£18.3 billion in August, while the deficit for the first five months of the fiscal year climbed above the Office for Budget Responsibility's forecast.



