GBP/USD on free-fall mode, breaks 1.63

GBP/USD has breached the 1.63 handle, hitting yet another fresh low at 1.6285, not seen since Feb 6 this year, following a sharp decline on Thursday in response to the strong rise of the USD across the board.
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Fed's Powell: Labor market has improved substantially, strong USD could hold us back...

Federal Reserve Powell crossed the wires, noting that labor market has improved substantially.
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