FX Guys

Pound to Dollar Rate Firms amid Cheery Market Mood

October 30, 2023 – Written by Frank Davies

The Pound US Dollar (GBP/USD) exchange rate fluctuated on Monday, drifting higher overall, as an increased risk appetite undermined the safe-haven US Dollar (USD).

At the time of writing GBP/USD was trading at $1.2145, up approximately 0.2% from Monday’s opening rate.  

The Pound (GBP) edged higher during Monday’s session, boosted by an increasing appetite for risk.

While the increasingly risk-sensitive Pound gained some ground amid…
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