March 21, 2025 – Written by Frank Davies
STORY LINK Pound Sterling Forecast: “Breach of 1.2930” Would Show Top vs Dollar
Reservations over the UK economic situation and expectations of budget tightening next week hampered the Pound on Friday while a further setback to risk appetite also unsettled Sterling in global markets as equities lost ground again.
The Pound to Dollar (GBP/USD) exchange rate retreated to 1.2925 after again failing to sustain a break above the 1.3000 level.
According to UoB; “a breach…
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