Pound US Dollar Exchange Rate Rises amid US Election Jitters

Pound US Dollar Exchange Rate Rises amid US Election Jitters

November 4, 2024 – Written by John Cameron

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The Pound to US Dollar (GBP/USD) exchange rate got off to a positive start this week as USD investors turned cautious ahead of the US presidential election.

At the time of writing, GBP/USD was trading around $1.2962, up approximately 0.3% from Monday’s opening levels.

The US Dollar (USD) softened on Monday, with USD investors appearing increasingly anxious as the US presidential election approached.

Much…
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