February 23, 2025 – Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Outlook: Retreat to 1.23 in One Month Timeframe
The Pound spiked higher in immediate response to much stronger-than-expected retail sales data, but it failed to hold the gains as underlying reservations surrounding the economy persisted.
Relentless geo-political stresses and major uncertainty over the Ukraine situation also curbed risk appetite and limited net Pound support in global markets.
The Pound to Dollar exchange…
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