GBP/USD has broken below the critical short-term support around $1.25 this week as the sellers take control of the price action. It was revealed this week that the UK Government borrowed a record £55 billion in May due to the coronavirus crisis, which makes the public debt bigger than the national economy for the first time since 1963. Fundamental analysis: Highest public debt ever The UK Government borrowed a record £55 billion in May, which makes it the highest amount borrowed since records began in 1993. For comparison, the Government borrowed a figure that is nine times smaller in May

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