Pound to Dollar End-of-Week Forecast: GBP/USD Flat following US Retail Data

Pound to Dollar End-of-Week Forecast: GBP/USD Flat following US Retail Data
October 18, 2024 – Written by John Cameron

pound-rate-forecast-3

The Pound US Dollar exchange rate traded largely sideways on Thursday following the publication of the US’s retail sales data for September.

At the time of writing, GBP/USD was trading at approximately $1.3005, virtually unchanged from the start of Thursday’s session.

The US Dollar (USD) treaded water against most of its counterparts on Thursday following the release of the latest US retail sales…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *