February 13, 2025 – Written by Frank Davies
STORY LINK GBP/USD Outlook: Pound to Dollar Rate Weakens Following US Inflation Data
The Pound US Dollar exchange rate slumped on Wednesday following the release of the US’s latest inflation data.
At the time of writing, GBP/USD was trading at approximately $1.24832, up roughly 0.26% from the start of Thursday’s session.
On Wednesday, the US Dollar (USD) surged against most of its major counterparts after releasing the latest US inflation figures.
The…
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