Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

Pound US Dollar (GBP/USD) Exchange Rate Firms as Trump Comments Subdue USD

January 28, 2025 – Written by David Woodsmith

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The Pound Sterling gained ground against the US Dollar on Monday, driven by easing concerns over tariffs and the prospect of lower interest rates in the United States.

At the time of writing, GBP/USD exchange rate traded at $1.2506, up 0.2% on the day.

On Monday morning, the British Pound (GBP) saw a slight uptick, though the exact reason behind the movement remains…
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