Pound to Dollar FX Outlook: GBP/USD Gains on Trump Tariff Uncertainty

Pound to Dollar FX Outlook: GBP/USD Gains on Trump Tariff Uncertainty

March 26, 2025 – Written by Frank Davies

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The Pound-to-Dollar advanced on Tuesday following reports suggesting US President Donald Trump may take a more gradual approach to introducing new tariffs.

At the time of writing, the Pound US Dollar exchange rate (GBP/USD) was trading at around $1.2948, up approximately 0.2% from Tuesday’s opening levels.

The US Dollar (USD) faced headwinds on Tuesday as investors reacted to a report…
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