January 22, 2025 – Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound to Dollar Rate Holds Near $1.23
The Pound US Dollar exchange rate was mostly quiet on Wednesday amid an absence of both UK and US economic data releases.
At the time of writing, GBP/USD was trading at approximately $1.2354, virtually unchanged from the start of Thursday’s session.
On Wednesday, the Pound (GBP) experienced minimal fluctuation against most other currencies, as the lack of major economic data left the British currency directionless.
Nevertheless,…
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