The Pound to Dollar exchange rate fell to 1.27 after U.S. inflation rose in October.
The Dollar powers onward, helped by Donald Trump's appointments of trade 'hawks' to his top team that reinforces his committment to significant import tariffs.
GBP/USD is under pressure at the start of the new week, and we will watch for key support levels to be tested in the coming days.
Pound to Dollar Exchange Rate Upside Limited as Federal Reserve Eyes Fewer Cuts in 2025
- Category: USD
The Dollar fell on the day the Federal Reserve and Bank of England cut interest rates by 25 basis points.