It is a big day for the GBP/USD. The UK Chancellor of the Exchequer, Jeremy Hunt, will deliver the heavily anticipated Autumn Statement. There has been plenty of hype surrounding the Autumn Statement. It will also be the first litmus test. Former Prime Minister Liz Truss and Chancellor Kwasi Kwarteng left UK politics in tatters after the release of the mini-budget. Jeremy Hunt will look to plug the hole by delivering a combination of tax hikes and spending cuts. The UK Chancellor warned of ‘difficult announcements,’ with the UK electorate likely to feel the impact of today’s measures. For the UK Government, there is ... (full story)