The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

STORY LINK The Pound to Dollar: Forecasts see Possible Gains to 1.2745, say UoB

UK and Global Inflation Pressures in Focus, GBP/USD Exchange Rate Finds Support at 1.2600

European currencies have been generally on the back foot on Thursday as the dollar has secured a net recovery in global markets, but with some Pound resilience in evidence amid fears over sticky UK inflation.

The Pound to Dollar (GBP/USD) exchange rate dipped sharply to test solid support just above 1.2600 before a recovery…
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