British Pound Futures: Is Their Recession Going to Tumble the Pound?

When a country enters a recession, it signifies a significant economic downturn characterized by a contraction in economic activity. Events potentially facing the GBP are rising unemployment, reduced consumer spending, government intervention, and currency volatility. Adding to the selling pressure of the GBP will be a near-perfect seasonal pattern to sell as Britain heads into the end of its fiscal 4th quarter. https://www.nasdaq.com/articles/british-pound-futures:-is-their-recession-going-to-tumble-the-pound