Pound US dollar exchange rate: GBP/USD steady, UK average earnings hit 11-year high

The pound US dollar exchange rate steadied at around $1.236 today after July’s UK average earnings hit an 11-year high, rising from 3.8 percent to 4 percent. Today also saw July’s UK ILO unemployment rate ease from 3.9 percent to 3.8 percent – its lowest in 45 years. -»