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Pound US Dollar Exchange Rate News: GBP/USD Subdued amid ‘Trump Trade’

October 24, 2024 – Written by John Cameron

The Pound US Dollar exchange rate trended mostly flat on Wednesday as both UK and US data releases were thin on the ground.

At the time of writing, GBP/USD was trading at approximately $1.2975, virtually unchanged from the start of Wednesday’s session.

The US Dollar (USD) strengthened against most of its peers on Wednesday, buoyed by a sense of market caution and ‘Trump…
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