April 1, 2021 - Written by John Cameron GBP/USD Exchange Rate Rangebound as ‘Greenback’ is Buoyed by Safe-Haven Demand The Pound US Dollar exchange rate held steady today following President Joe Biden’s announcement of a $2 trillion infrastructure stimulus package. The pairing is currently fluctuating around $1.37. Mr. Biden commented on the stimulus plan: ‘It is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America.’ He also added: ‘The divisions of the moment shouldn’t stop us from doing the right thing for the future. I’m convinced that if we act now, in 50 years people are going to look back and say this is the moment when America won the future.’