# Outlook For Pound US Dollar Exchange Rate: Analyst Views On Where Next For GBP/USD

> GBP/USD closed the prior week near $1.2113 after weak UK PMI, unemployment and retail data. Analysts expected the Bank of England to hold rates.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/33891-outlook-for-pound-us-dollar-exchange-rate-analyst-views-on-where-next-for-gbp
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The article is a weekly FX outlook with no new supply or demand driver for feed commodities. Its impact on feed prices is minimal.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/39400/2023-10-30-outlook-for-pound-us-dollar-exchange-rate-analyst-views-where-next-gbpusd.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
