March 20, 2024 – Written by John Cameron
STORY LINK GBP to USD Outlook: Pound Sterling Braced for Major Transatlantic Event Risk
The Pound has been unable to make headway against major currencies on Tuesday and will be vulnerable to further losses if Wednesday’s UK inflation data is weaker than expected.
The dollar has also held a firm tone with the currency index strengthening to 2-week highs.
In this environment, the Pound to Dollar (GBP/USD) exchange rate dipped to 2-week lows just below 1.2670 before recovering…
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