June 25, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound Rate Today: Sterling Recovers vs Dollar as Traders Looking for Breakout Trigger
After posting 5-week lows close to 1.2620 late last week, the Pound to Dollar exchange rate (GBP/USD) has recovered to 1.2700 with slight net Pound gains on the crosses.
Although volatility has been low, markets are continuing to fret over underlying conditions and waiting for the fresh narrative which will trigger a breakout and lead to sharp moves in currencies….
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