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Pound US Dollar (GBP/USD) Exchange Rate Gains as US Debt Ceiling Resolution Nears

May 30, 2023 – Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs as Risk Appetite Improves

The Pound US Dollar (GBP/USD) exchange rate rose on Tuesday. An improving market mood buoyed the exchange rate, although the pair’s gains were hobbled by fresh Federal Reserve rate hike bets.

The pairing also found support from bets on further policy tightening from…
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