By Leigh Smith

Today offered the pretence that GBPUSD exchange rates may be quite stable, with it being the US national holiday Thanksgiving Day.

However, as watchers of the currency markets may be aware, exchange rates have a habit of being unpredictable. So far this morning the cost of sending money to the US has become 1% more expensive as new rules that may affect the UKs banker’s bonus’ come into the public eye.