Pound Sterling in Textbook New Year Slump
- Category: GBP
It's a sea of red for the British Pound on January 02, the first trading day of 2025.
The British Pound is confirmed as 2024's second-best performing G10 currency, and at the turn of the year analysts are anticipating further outperformance.
Corpay releases forecasts for the GBP/USD and GBP/EUR exchange rates.
The British Pound hit its lowest level against the Dollar since May after UK retail sales added to the losses that followed Thursday's Bank of England decision.