The GBP to USD spot rate is +0.56% higher @ $1.35729 on 30.12.2020
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Pound Sterling (GBP) Exchange Rates
The Pound to Dollar exchange rate (GBP/USD) chopped higher and lower on Tuesday as risk sentiment turned sour.
Bulls held their ground, however, as a 0.2% bump early on Wednesday morning has Cable at 1.3530.
Brexit fears are fading and it appears there is some more risk-premium to be priced out of Sterling. Exactly how much isn’t clear, but a vulnerable Dollar allows these gains to be squeezed out. A massive jump of more than 50,000 coronavirus cases has the U.K. looking like one of the most vulnerable economies in Europe to COVID-19, and it doesn’t help that it is being labeled as the origin of the “mutant coronavirus either.
Exchange Rates Today 29 12 2020: Pound-Dollar Slides On Record UK Coronavirus Cases, Euro One Of Best Currencies Of 2020
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Currency Exchange Rates Today 28 12 2020: Pound Steady On Skinny Brexit Deal , Euro-Dollar Slides As Trump Signs Covid Stimulus
exchangerates.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from exchangerates.org.uk Daily Mail and Mail on Sunday newspapers.
FX Exchange Rates Today 24 12 2020: Pound Soars On Christmas Eve Brexit Deal, Euro-Dollar Edges Higher
exchangerates.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from exchangerates.org.uk Daily Mail and Mail on Sunday newspapers.
The GBP/USD spot rate at time of writing: +0.22% higher @ $1.34311 on 23.12.2020.
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best exchange rates on your money transfers here
Pound Sterling (GBP) Exchange Rates
The Pound to Dollar exchange rate (GBP/USD) came under pressure on Tuesday. A choppy day of trade for Sterling that ultimately saw it drop slightly below 1.34. On the data front, the U.K. economy continues to demonstrate its resilience, as Q3 GDP was revised higher and vital business investment was also better in Q3. Elsewhere on the Brexit front things are not looking quite as solid. The latest British offer on fishing has been deemed unacceptable by the E.U., and though progress is being made this key issue remains a sticking point. A huge line of lorries in Dover is only adding to the no-deal Brexit fears but the GBP remains solid.