# Pound Sterling US Dollar Exchange Rate Live: Consolidation Mode For GBP/USD Around 1.30 Handle, BoE Up Today

> Sterling traded near $1.30 as it awaited the Bank of England decision, after rejecting resistance near 1.3080. Volatility followed UK wage data, EU warnings about Brexit headline misreading, and Chinese headlines that boosted the dollar.

- Date: 2018-10-01 · published 2018-10-01T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/63291-pound-sterling-us-dollar-exchange-rate-live-consolidation-mode-for-gbp-usd
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Short-term currency swings around Brexit and central bank events have little direct effect on feed grain fundamentals. Dollar strength matters only as a secondary price factor.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/22942/gbpusd-exchange-rate-news-and-five-day-currency-predictions-forecast.html

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