Foremost Currency Group

Make the most of your currency

Talk to our friendly team:+44 (0)1442 892060

GBP/USD pushes back towards $1.25

Arron Morris Currency Broker - GBP/USD pushes back towards $1.25Written by
Arron Morris
Senior Currency Broker
T: 01442 892 065

This afternoon has seen the pound rise against the dollar, with the currency pair rising from $1.2410 to $1.2490.

Earlier today the office of National Statistics released the latest UK inflation reading, with the figure coming in unchanged at 2.3%.

The data did little to impact the value of the pound, but with the rising geopolitical risk and a decline in U.S Treasury yields forcing investors away from the U.S. dollar, the pound has been able to regain some of the ground it lost last week.

GBP/USD exchange rate graph

Screen Shot 2017-04-11 at 17.02.04

If you have a requirement to buy or sell dollars and are worried about what impact the Brexit negotiations or President Trumps actions could have on your transfer, contact me today for a free, no-obligation consultation.

As a specialist in currency exchange I have a number of tools at my disposal to help you maximise the return of your transfer or protect you against adverse market movements.

For more information about how I can help or to find out what rate I can offer, complete the contact form on the right-hand side of the page or call me directly on 0044 (0) 1442 892 065.

Arron Morris
Senior Currency Broker
T: 01442 892 065

© Copyright 2013 to 2018 | Foremost Currency Group Ltd | All rights reserved