Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

January 6, 2025 – Written by David Woodsmith

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Monday AM Brief: The Pound to Dollar exchange rate edged higher on Monday ahead of a number of US data releases expected this week.

On Monday, the Pound (GBP) experienced a slight rise against most of its major counterparts, even as the UK’s final services PMI for December was released.

The services PMI, a key indicator for the UK economy, registered at 51.1, falling just…
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