The British Pound's recovery against the Dollar gained traction following the Bank of England's November policy update.
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Pound Sterling is stabilising against the Dollar, with the worst post-election predictions failing to materialise. Traders now have the Bank of England and Federal Reserve to contend with.
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Pound Sterling fell sharply as results from the U.S. election suggested Donald Trump and his Republican Party were on course for victory.
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JP Morgan's FX trading desk sets out potential levels for GBP/USD on the three potential outcomes to today's U.S. election outcome.
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The Pound to Dollar exchange rate has risen on Monday as Donald Trump's odds of winning Tuesday's presidential election have fallen.
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The Dollar should weaken if Kamala Harris wins next week's U.S. election, but a balance of probabilities favours strength.
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Like vultures, the bond vigilantes are circling UK government bonds, and one analyst says Rachel Reeves might have to reverse some measures.
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