March 20, 2025 – Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBP Drifts Lower vs USD on BoE Rate Hold
The Pound was on the defensive against the US Dollar on Thursday following the release of the Bank of England’s (BoE) latest interest rate decision.
At the time of writing, the Pound to Dollar exchange rate was trading at approximately $1.2965, down roughly 0.3% from the start of Thursday’s session.
Despite facing a downturn against the US Dollar (USD) due to the negative trading environment on Thursday,…
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