January 10, 2024 – Written by John Cameron
STORY LINK GBP/USD FX Update: “January and February are typically good months for the Dollar” say ING
The Pound to Dollar exchange rate found support below 1.2700 on Monday and hit highs at 1.2765 around the European close.
GBP/USD was unable to make further headway on Tuesday and retreated to 1.2720 as the dollar fought back in global markets.
Risk appetite was also slightly more cautious with no follow through from strong overnight…
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