FX Guys

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Cheery Trading Conditions

December 10, 2024 – Written by David Woodsmith

The Pound US Dollar exchange rate edged higher on Monday as an upbeat market mood lifted the currency pairing.

At the start of the week, the US Dollar (USD) declined against most of its peers, and fell by about 0.8% against the Australian Dollar (AUD) and the South African Rand (ZAR) as the American currency was significantly weakened by the optimistic trading conditions…
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