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Pound US Dollar Exchange Rate News: GBP/USD Holds Steady amid Market Uncertainty

December 11, 2024 – Written by Tim Boyer

At the time of writing, GBP/USD was trading at approximately $1.2748. Virtually unchanged from Tuesday’s opening levels.

The US Dollar (USD) saw muted movement on Tuesday, but having bounced back from its early-week losses.

Market risk appetite improved on Monday amid speculation about new stimulus measures from China’s government, leading to an initial drop in…
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