![Pound Sterling extends downside as Middle East conflicts dampen market mood Pound Sterling extends downside as Middle East conflicts dampen market mood](https://shmi.ir/wp-content/uploads/2023/10/Pound-Sterling-extends-downside-as-Middle-East-conflicts-dampen-market-150x203.jpg)
[ad_1] Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is expected to keep interest rates unchanged for the second time in a row. The Pound Sterling (GBP) dropped from a two-week high as the United Kingdom’s