Pound to Dollar Predictions: Expect GBP/USD Selling above 1.2600, say ING

Pound to Dollar Predictions: Expect GBP/USD Selling above 1.2600, say ING

February 20, 2025 – Written by Frank Davies

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The Pound has found support below 1.2600 against the US Dollar and settled just above this level on Thursday.

There are very important geo-political stresses as well as trade tensions with the US which will maintain a high degree of uncertainty in FX markets.

The latest UK PMI business confidence data on Friday will be important in determining whether the Pound can be resilient in…
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