Pound to Dollar End of Week Forecast: Fresh One-month High Above 1.2760

Pound to Dollar End of Week Forecast: Fresh One-month High Above 1.2760
March 8, 2024 – Written by John Cameron

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GBP/USD Edges Higher to Fresh 1-Month Highs, UK Growth Concerns Cap Gains

The dollar has continued to lose ground on Thursday, driven to an important extent by a further decline in bond yields.

The move was led by USD/JPY and, although the Pound has moved higher, it has underperformed other risk-orientated currencies with UK growth concerns still a significant element.

The Pound to Dollar (GBP/USD) exchange…
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