FX Guys

The Pound to Dollar News: GBP/USD Nears $1.25 as Trump’s Tariff Strategy Shifts

February 5, 2025 – Written by David Woodsmith

The Pound Dollar (GBP/USD) exchange rate edged higher on Tuesday as uncertainty surrounding Donald Trump’s shifting tariff policies rattled markets.

At the time of writing, GBP/USD was trading around $1.2497, 0.17% higher on the day’s open.

The US Dollar (USD) remained highly reactive on Tuesday, continuing the turbulence seen at the…
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