# Pound faces tough battle to reclaim pre-Brexit levels vs dollar | Reuters

> Sterling traded around $1.41 and had rallied from a 35-year low of $1.1413 in March 2020. It remained about 6% below its pre-Brexit level against the dollar. Against the euro, the pound was 13% below its pre-referendum level.

- Date: 2021-05-20 · published 2021-05-20T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/47348-pound-faces-tough-battle-to-reclaim-pre-brexit-levels-vs-dollar-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

This is background on sterling's long-term position, with no new cause for a near-term move. It has little bearing on feed ingredient prices.

## Sources

- reuters.com: https://www.reuters.com/world/uk/pound-faces-tough-battle-reclaim-pre-brexit-levels-vs-dollar-2021-05-20/

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