October 15, 2024 – Written by John Cameron
STORY LINK Sideways Trend as Pound Flat Against US Dollar amid Absence of Data
The Pound US Dollar exchange traded sideways on Monday as a lack of both UK and US economic data releases left the currency pairing largely flat.
At the time of writing, GBP/USD was trading at approximately $1.3056, virtually unchanged from the start of Monday’s session.
The US Dollar (USD) had a sluggish start to the week as a dearth of domestic economic data left the currency mostly directionless.
Despite…
Read More