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May 20, 2025

Pound to USD Exchange Rate Set to Rise as US Loses AAA Rating

Forecasts indicate that the GBP to USD exchange rate stands to improve, particularly if outcomes from the UK EU summit prove favorable. Additionally, expectations surrounding a speech by Bank of England Chief Economist Huw Pill on Tuesday could significantly influence market sentiments concerning the Pound early this week. Traders are advised to keep a close watch on relevant developments.

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