![]() The Pound traded in a mixed range against the US Dollar (USD) last week, trending broadly higher for the most part but nevertheless closing the weekly session below opening levels. Pound (GBP) Exchange Rates Experience Brief Surge of Support The Pound US Dollar (GBP/USD) exchange rate experienced volatility last week, staging a significant rally on Wednesday before retreating on Thursday as high inflation and recession fears dented Pound (GBP) morale.Īt the time of writing, GBP/USD is trading at $1.2711, having fallen negligably in the past seven days.
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