Jonathan Cook
on January 2nd, 2024 The pound was treading water against its major rivals last Friday but sat on healthy gains against the US dollar and the euro across the year.
Economic forecasts for the UK in 2024 make for a pretty grim reading. GDP growth is expected to be around 0.5%, but progress on inflation and minimal unemployment should provide hope that the country’s economy could emerge from the downturn relatively unscathed.
GBP/USD: the past year
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