January 4, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound Sterling Regains 1.27 Against the US Dollar on Strong UK Data
The Pound to Dollar exchange rate posted highs above 1.2725 after the UK data on Thursday before a retreat to 1.2660 in immediate response to the US data.
Underlying Pound sentiment held firm which provided important underlying backing and GBP/USD regained the 1.2700 level into the European close.
UK data helped underpin Sterling against major currencies during the day with the releases beating market expectations….
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