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Pound US Dollar Exchange Rate (GBP/USD) Firms following BoE and US Data

December 20, 2024 – Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) edged higher on Thursday following the publication of the Bank of England’s (BoE) December interest rate decision and the US’s latest GDP data and initial jobless claims survey.

On Thursday, the Pound (GBP) lost ground against most of its major trading partners following the publication of the Bank of England’s latest interest rate decision.

As…
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