GBP/USD is trading at $1.2327 as the USD loses strength against the GBP due to the record drop in oil prices. Investors are looking to other safe havens such as gold in this time of economic volatility. The USD Index went down by 0.1% which is not that bad considering everything that has happened, the stock market was more affected than the USD. The GBP is under pressure due to weaker inflation data and worries about a no-deal Brexit. There are trade talks set to be held between the EU and the US next week.