U.S. initial jobless claims unexpectedly rose by 219K, helping the Pound-to-Dollar exchange rate (GBP/USD) to a fresh two-month best.
A new FX market assessment by TD Securities says it is too soon to bet against the U.S. Dollar.
The British Pound defends its 2025 recovery rally against the Dollar after new inflation data provided a boost.
Pound-to-Dollar Rate Week Ahead Forecast: Recovery Builds, But Watch for Small Pullback
- Category: USD
Pound Sterling's recovery against the Dollar has been boosted of late by hopes of an end to the war in Ukraine, but technicals hint that a temporary setback at the 1.26 resistance level is possible.