FX Guys

Scotiabank: "Pound Sterling Has Work to do to Show Some Real Technical Strength"

February 24, 2024 – Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) has been able to make headway on Thursday, although there has been an element of head scratching over market trends and GBP/USD has not been able to regain the 1.2700 level.

Wall Street posted strong gains on Thursday with a further surge in Nvidia pushing the S&P 500 index to a fresh record high.

Gains in…
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