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Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data

March 29, 2023 – Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rangebound amid Lack of Data

The Pound US Dollar (GBP/USD) exchange rate lacked direction on Wednesday, as a lack of data left GBP muted against most peers.

At the time of writing, GBP/USD traded at around US$1.2341, showing little movement from Wednesday’s opening rates.

Pound (GBP) Muted amid Thin Data Calendar

The Pound (GBP) wavered during Wednesday’s session, as a thin data calendar left Sterling exposed to external factors and risk appetite.

While calm has returned to the European and American…
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