Itunes set to wrong currency

Just went to use Itunes store for first time on Ipad and it is set to pounds, not US dollars. I have used the App store many times for purchases and they are in correct dollars. It's just the Itunes store. I checked my account and it is set to the US as country of use. So how do I change this over?
It makes me a little nervous because I recieved an email this morning about a request to change my password, which I did not initiate but there are no unauthorized charges to my account. Am I over worrying that this might be related?
Still need to get set up with the right currency.
Thanks for any help.

If your currency setting is incorrect try logging out of your iTunes Store account (Settings > iTunes and App Store) , restart your iPad, and sign into your account again.

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