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GBP/USD Forecast: Sterling Retreats as Trump U-Turn Triggers Strong Rebound

The Pound to Dollar exchange rate slumped to lows below 1.3250 before a recovery to around 1.3300 on Wednesday as global risk appetite has recovered strongly following notable U-turns by President Trump on Fed Independence and the US-China trade war. US equities posted strong gains late on Tuesday with the S&P 500 index posting a strong.
Date: 23.04.2025  |  Source: exchangerates.org.uk
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Instrument Price Change (%)
EURUSD 1.132580 -0.049817%
GBPUSD 1.342840 +0.057695%
USDJPY 143.037000 -0.39484%
XAUUSD 3323.965000 +0.25879%
USDCAD 1.385060 -0.046186%
NZDUSD 0.593470 -0.059647%
USDCHF 0.824760 -0.05332%
AUDUSD 0.645620 +0.30353%
EURGBP 0.843360 -0.092402%
EURJPY 162.002000 -0.41554%
GBPJPY 192.078000 -0.2995%
AUDJPY 92.347000 +0.017329%
CADJPY 103.278000 -0.28867%
CHFJPY 173.408000 -0.32534%
NZDJPY 84.902000 -0.40821%
GBPCHF 1.107610 +0.03703%
EURCHF 0.934090 -0.095189%
USDMXN 19.331520 -0.18649%
USDZAR 17.942660 -0.12046%
USDTRY 38.838730 +0.19097%
USDRUB 79.480000 -0.1821%
USDSEK 9.568870 -0.063708%
USDCNY 7.203600 +0.03055%

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