FX Guys

Pound US Dollar GBP/USD Exchange Rate Dips Amid Market Caution

December 1, 2024 – Written by Tim Boyer

The Pound to US Dollar (GBP/USD) exchange rate weakened on Thursday as global market sentiment turned cautious.

The US Dollar (USD) found support on Thursday as investors favoured the safe-haven currency amid ongoing market uncertainty.

Concerns over President-elect Donald Trump’s aggressive trade policies weighed on risk appetite.

Trump recently reignited fears of a global trade war by announcing…
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