FX Guys

GBP/USD Forecast: Pound Sterling Unable to Break 1.30 – Where Next?

March 13, 2025 – Written by Tim Boyer

The Pound to Dollar exchange rate (GBP/USD) peaked at 4-month highs just below 1.2990 on Wednesday before a retreat to near 1.2950.

Huge global influences of trade wars and the Ukraine situation will remain crucial for markets with stock market trends also watched very closely.

Markets will also have to factor in the possibility of a US government shutdown given that Senate Democrats are…
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