# Sterling set for third straight weekly gain, but vulnerable - Markets - Business Recorder

> Sterling was set for a third straight weekly gain against a weakening US dollar on November 25, 2022, trading near $1.2076. Analysts said the pound remains vulnerable given tightening policy and a deeper expected British recession.

- Date: 2022-11-25 · published 2022-11-25T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/38916-sterling-set-for-third-straight-weekly-gain-but-vulnerable-markets-business
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A firmer pound modestly lowers the sterling cost of dollar-priced feed imports, but analysts expect weakness from UK economic risks. The impact on feed prices is limited.

## Read by commodity

- GBPUSD: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40210824

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