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Pound US Dollar (GBP/USD) Exchange Rate Rangebound Despite Persistent BoE Rate Hike Bets

January 30, 2023 – Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Trades Narrowly as Market Mood Turns Cautious

The Pound US Dollar (GBP/USD) exchange rate traded within a narrow range on Monday. Bank of England (BoE) rate hike bets lent support to the pairing.

On the other hand, a cautious market mood kept GBP/USD trending sideways.

At time…
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