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GBP/USD exchange rate keeps climbing

Arron Morris Currency Broker - GGBP/USD exchange rate keeps climbingWritten by
Arron Morris
Senior Currency Broker
T: 01442 892 065

The GBP/USD cross rose to $1.2573 this morning, its highest level since 27th March following comments from President Donald Trump.

Trump told the Wall Street Journal that the U.S dollar “is getting too strong” and that he would like Janet Yellen and the Federal Reserve to keep interest rates low. With the dollar weakening the EUR/USD cross has also risen, with the pair climbing to $1.0665.

GBP/USD exchange rate graph

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Arron Morris
Senior Currency Broker
T: 01442 892 065

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