# Pound To Dollar Rate To Test Bottom Of "1.25-1.35 Type Medium-term Range",  USD Stages Impressive Comeback | Exchange Rates UK

> Sterling held a narrow uptrend against the dollar on August 31 at about 1.2865 as the dollar staged a comeback before US jobs data. Brexit worries and doubts over Trump's policy agenda were cited as drivers.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/69720-pound-to-dollar-rate-to-test-bottom-of-and-quot-1-25-1-35-type-medium-term
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar moves ahead of key US data shift currency-adjusted import costs for non-US feed buyers, though the effect on grain prices is limited.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/18919/gbp-usd-pound-sterling-to-us-dollar-exchange-rate-news-and-forecast.html

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