Pound to Dollar Forecast: GBP/USD Whipsaws on Tariff Chaos

Pound to Dollar Forecast: GBP/USD Whipsaws on Tariff Chaos

February 4, 2025 – Written by Frank Davies

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The Pound US Dollar exchange rate rebounded strongly on Monday, testing highs of $1.2437 during the Asian session on Tuesday.

At the time of writing, GBP/USD was trading at approximately $1.2412, down roughly 0.19% from the start of Tuesday’s session.

GBPUSD had slumped on Monday as fears over a global trade war following Donald Trump’s newly announced tariffs rattle markets.

On Monday, the US Dollar (USD)…
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