November 17, 2024 – Written by Ben Hughes
STORY LINK Pound to Dollar Rate Week Ahead Forecast: Trump Trade to Dominate Sterling
The Pound to Dollar (GBP/USD) exchange rate has weakened to 4-month lows around 1.2620.
Markets continue to expect Trump’s policies will support the dollar while a weaker than expected UK GDP report curbed Pound support.
A key question is whether the dollar will strengthen further and whether gains can be sustained.
ING expects that GBP/USD will weaken modestly to…
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