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Pound to Dollar Rate Strengthens Amid Market Optimism – GBP/USD News

October 1, 2024 – Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate maintained a positive trajectory at the start of this week, with the pairing nearing its highest level since February 2021.

At the time of writing, GBP/USD was trading around $1.3421. Up approximately 0.4% from Monday’s opening levels.

The US Dollar (USD) struggled to attract support on Monday as a cautiously optimistic market mood reduced demand for the safe-haven currency….
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