The British pound staged a comeback on Monday as traders grow risk-averse following threats for the US Federal Reserve independence. A scarce economic docket in the UK shifted the focus to geopolitical developments and the dollar, which continued to soften as the “Sell America” trade is back into play. Sterling rebounds as political pressure on the Federal Reserve dents the dollar, with GBPUSD trading at 1.3473, up 0.55%. Over the weekend, Fed Chair Jerome Powell released a statement and commented in a video that “the US central bank had been served grand jury subpoenas from the Justice Department threatening a The post Pound comeback as “Sell America” returns on Fed independence fears appeared first on Financial Mirror .