November 21, 2024 – Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Firm on Surprise UK Inflation Upside
The Pound to US Dollar (GBP/USD) exchange rate traded in a tight range on Wednesday as stronger-than-expected UK inflation data balanced out broader market risk aversion.
At the time of writing, GBP/USD was trading around $1.2680, showing little movement from Wednesday’s opening levels.
The Pound (GBP) strengthened on Wednesday morning following the release of the…
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