💱UK Pound Sterling/US Dollar FX Spot Rate
GBPUSD
▲ PositiveMonetaryrelevance
Pound edges up as the US Dollar Index slips from a fresh over-a-year high, a currency-value move favoring GBP.
The British Pound trades 0.1% higher at around 1.3208 against the US Dollar during the Asian trading session on Friday, with the pair forecast to likely retest its year-to-date low near 1.3140. The move comes as the US Dollar Index trades slightly lower to near 101.93, after posting a fresh over-a-year high at 102.20 on Thursday.
Pound edges up as the US Dollar Index slips from a fresh over-a-year high, a currency-value move favoring GBP.