FX Guys

Cautious Investor Sentiment Holds Pound US Dollar (GBP/USD) Exchange Rate Steady

October 9, 2024 – Written by David Woodsmith

The Pound to US Dollar (GBP/USD) exchange rate traded in a narrow range on Tuesday morning, hovering just above the three-week low touched on Monday.

At the time of writing, GBP/USD was trading around $1.3100, showing little movement from Tuesday’s opening levels.

The US Dollar (USD) found some support on Tuesday, benefiting from a risk-averse shift in market sentiment…
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