GBP to USD Exchange Rate Outlook: Sterling Underpinned by Positive Market Mood

GBP to USD Exchange Rate Outlook: Sterling Underpinned by Positive Market Mood

November 25, 2024 – Written by John Cameron

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The Pound US Dollar exchange rate edged higher at the start of the week, bolstered by Monday’s risk-on market mood.

At the time of writing, GBP/USD was trading at approximately $1.2568, up roughly 0.3% from the start of Monday’s session.

The Pound (GBP) kicked off the week with a robust performance against most other currencies, despite the absence of domestic…
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