FX Guys

Pound to Dollar Rate Holds $1.2600 as Trump Tariff Threats Dominate FX Markets

February 20, 2025 – Written by Frank Davies

GBP/USD was subdued on Wednesday after the UK released its latest consumer price index (CPI).

At the time of writing, the Pound to Dollar exchange rate GBP/USD was trading at approximately $1.2617, virtually unchanged from the start of Wednesday’s session.

On Wednesday, the Pound (GBP) failed to attract much investor interest against most of its peers despite releasing…
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