Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Forecasts of UK Growth

Pound US Dollar (GBP/USD) Exchange Rate Bolstered by Forecasts of UK Growth

March 30, 2023 – Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Lifted by Upbeat Forecasts for UK Economy

The Pound US Dollar (GBP/USD) exchange rate rose on Thursday. The pairing hovered around eight-week highs over the course of the day.

The exchange rate was boosted by positive forecasts for the UK economy, as well as hints of further rate hikes from the Bank of England (BoE). A risk-on…
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