FX Guys

Pound to Dollar Outlook: Fifth Time Lucky for GBP/USD Break of 1.2700?

March 5, 2024 – Written by David Woodsmith

Pound Sterling has edged higher on Monday while the US Dollar has lost some ground against European currencies.

The Pound to Dollar exchange rate (GBP/USD) has moved to test 1-week highs at the 1.2700 level after the New York open.

GBP/USD has already tested the 1.2700 level four times in the last 10 days without being able to make a breakthrough.

Scotiabank commented; “A clear and sustained…
Read More