British Pound at One-Month High Against US Dollar as Trump’s Healthcare Bill Fails to Pass but GBP/USD Upside to be Limited

British Pound at One-Month High Against US Dollar as Trump’s Healthcare Bill Fails to Pass but GBP/USD Upside to be Limited


USD weakness characterises foreign exchange market trade at the start of the new week following the failed passage of the US healthcare bill through the US Congress on Friday, March 24.

Euro

Pound to Euro Latest

1.1562▲

0.04%

Previous Close:

1.1557

Today's High:

1.1563

Today's Low:

1.1556

US Dollar

Pound to US Dollar Latest

1.256▲

0.03%

Previous Close:

1.2557

Today's High:

1.2562

Today's Low:

1.2555

Australian Dollar

Pound to Australian Dollar Latest

1.6491▲

0.05%

Previous Close:

1.6483

Today's High:

1.6496

Today's Low:

1.6481

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.7827▲

0.07%

Previous Close:

1.7813

Today's High:

1.7833

Today's Low:

1.7811

South African Rand

Pound to South African Rand Latest

16.004▲

0.27%

Previous Close:

15.9615

Today's High:

16.02

Today's Low:

15.9603

Canadian Dollar

Pound to Canadian Dollar Latest

1.6811▲

0.09%

Previous Close:

1.6796

Today's High:

1.6811

Today's Low:

1.6794

Latest British Pound News

GBP LIVE TODAY

Pound Sterling is a Buy this Week Argue Credit Agricole

27 March, 2017 |

Strategists at France’s Credit Agricole reckon a punt on the Pound could be one of the better bets to be had this week.

GBP LIVE TODAY

Pound Sterling to Move Higher say Morgan Stanley as Sentiment and Positioning Reach Extrem…

24 March, 2017 |

Sterling traders should keep hold of their bullish bets despite the currency going through the eye of the storm, advises head of strategy Hans Redeker at investment bank Morgan Stanley. 

GBP LIVE TODAY

British Pound Forecast to Rally Against Dollar and Euro Following Article 50 Trigger say B…

24 March, 2017 |

The countdown to the triggering of Article 50 of the Lisbon Treaty is finally upon us and on Wednesday, March 29 the UK enters one of its most important negotiations of recent history.

GBP LIVE TODAY

Current British Pound Strength an 'Aberration' Warn Standard Chartered

23 March, 2017 |

Analysts at Standard Chartered have observed with interest the Pound's recent advance against both the Euro and Dollar saying there is a risk that the strength is overstated by markets.

GBP/EUR: News and Forecasts

EUR

SNB Tipped to Drop its Defence of the Swiss Franc

27 March, 2017 |

Although the Swiss National Bank famously gave up defending its EUR/CHF floor at 1.20 last January, it was not long before it began to regularly intervene in foreign exchange markets again to weaken its own currency and support Swiss exports.

EUR

British Pound to Par the Euro on Tumultuous Brexit Journey

27 March, 2017 |

The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank.

EUR

Euro to US Dollar Week-Ahead Outlook: Edging Out of Range, Strong Start to the Week as Tru…

26 March, 2017 |

The EUR/USD has been in a short-term uptrend which has been fuelled by improving economic conditions in the Eurozone and a deleveraging of political risk since the defeat of the anti-EU PVV party in the Dutch elections.

EUR

British Pound to Euro Exchange Rate 5-Day Forecast: Correcting Within Upward Channel

26 March, 2017 |

 The Pound has started to move lower in the run up to the triggering of Article 50.

GBP/USD: News and Forecasts

USD

British Pound at One-Month High Against US Dollar as Trump’s Healthcare Bill Fails to Pass…

27 March, 2017 |

USD weakness characterises foreign exchange market trade at the start of the new week following the failed passage of the US healthcare bill through the US Congress on Friday, March 24.

USD

British Pound to Dollar X-Rate: Forecast for Coming Week, Uptrend Intact

26 March, 2017 |

We would wish to see confirmation from a move above Thursday’s highs at 1.2532 before forecasting more upside in GBP/USD.

USD

USD/JPY Has Finished Correction say Commerzbank

24 March, 2017 |

The USD/JPY had been in a strong uptrend in the latter part of 2016 but it has been steadily falling ever since it made a top at 118.17 in December.

USD

US Dollar Eyes Make-or-Break Vote in Congress this Evening

24 March, 2017 |

The US dollar has found some momentary support over recent hours on hopes that the House of Representatives passes the healthcare repeal bill later today.

EUR/USD: News and Forecasts

Euro to Dollar

EUR/USD Faces ‘Significant Change in Structure’

27 March, 2017 |

The Euro-Dollar exchange rate could be about to shift into a more positive technical structure argue analysts at Credit Suisse.

Euro to Dollar

The Euro to Dollar: Midweek Technical Analysis

22 March, 2017 |

 The EUR/USD has pulled back to the trendline joining the tops of the previous range highs and now looks poised to regain momentum higher.

Euro to Dollar

EUR/USD Pierces Trendline, Outlook Now ‘Very’ Bullish

22 March, 2017 |

EUR/USD overcame selling pressure in the 1.0800 zone and successfully pierced above a key trendline capping the range highs, signifying a bullish breakout, which has increased the likelihood of an extension higher.

Euro to Dollar

Sell EUR/USD at 1.0800: Credit Agricole

21 March, 2017 |

If there is any further upside for the EUR/USD pair in the week ahead then it should be taken as an opportunity to short the pair “anew” say analysts at France’s Credit Agricole.

GBP/AUD: News and Forecasts

AUD

Pound to Australian Dollar Rate 5-Day Outlook: "A bullish Continuation Set-Up"

26 March, 2017 |

The GBP/AUD pair has moved successively lower as the Pound has depreciated due to Brexit fears and the Australian Dollar has gained strength mainly from rising commodity prices.

AUD

Australian Dollar Forecast to Soften by Barclays

24 March, 2017 |

Analysts at Barclays have updated clients with their latest forecasts for the Australian Dollar.

AUD

Pound / Australian Dollar Technical Outlook: Support at 1.60 Defends the Downside but How …

22 March, 2017 |

GBP/AUD is breaking higher suggesting a change of trend could be in the offing

AUD

The Pound Tipped to Advance on New Zealand and Australian Dollars

22 March, 2017 |

Strategists at Morgan Stanley believe the risk:position asymmetries in global foreign exchange markets make the British Pound the ideal candidate for a rally.

GBP/NZD: News and Forecasts

NZD

Pound to New Zealand Dollar Rate 5-Day Outlook: NZD Strength Favoured

26 March, 2017 |

From a technical perspective, the New Zealand Dollar looks more likely to strengthen against the Pound than the other way around despite the Pound’s recent short-term recovery rally.

NZD

RBNZ Still wants a Cheaper New Zealand Dollar and will Cut Rates Again

23 March, 2017 |

The Reserve Bank of New Zealand left interest rates unchanged at 1.75% at their March 23 meeting - what are the implications for NZD of what was said in the minutes released following the meeting?

NZD

Pound / New Zealand Dollar Rate Could be About to Rotate Lower After Strong Run

22 March, 2017 |

 GBP/NZD is in consolidation mode as it oscillates sideways on higher time-frames

NZD

New Zealand Dollar Jumps Higher as Milk Prices Recover

21 March, 2017 |

The New Zealand Dollar rose strongly after the release of Global Dairy Trade data released on Tuesday.

GBP/CAD: News and Forecasts

CAD

Pound to Canadian Dollar 5-Day Outlook: Strong Resistance Ahead

26 March, 2017 |

 GBP/CAD has broken clearly out of its extended sideways range and moved higher, reaching the current 1.6731 highs.

CAD

Pound to Canadian Dollar, Key Level Pierced, Bullish Outlook

22 March, 2017 |

 GBP/CAD decides in which direction to move after long deliberation.

CAD

The Canadian Dollar Tears Higher Following Jump in Retail Sales Data

21 March, 2017 |

 The Canadian Dollar rose sharply after Canadian retail sales rose by 2.2% compared to the month before

CAD

Technical Studies Suggest Pound / Canadian Dollar Exchange Rate is Perking Up

19 March, 2017 |

The Pound to Canadian Dollar exchange rate has been consolidating within a fairly narrow range between 1.62 and 1.65 for several weeks now, but now it is starting to show signs of directional activity.

GBP/ZAR: News and Forecasts

ZAR

Pound vs Rand: Studies Suggest Reversal Potential Which Could Put an End to the Battering

20 March, 2017 |

GBP/ZAR has been falling steadily for months, reaching yearly lows of 15.56 last Thursday after the Bank of England’s (BOE) hawkish (meaning wanting higher interest rates) rate meeting.

ZAR

Pound's Downtrend Against Rand Tipped to Extend: The Next Targets

13 March, 2017 |

With no major signs of the downtrend ending yet, we forecast GBP/ZAR to continue lower, with a break below the 15.7500 confirming a continuation down to 15.5000.

ZAR

South African Rand's Move Higher Against Sterling Becomes Increasingly Laboured

06 March, 2017 |

GBP/ZAR has now surpassed the 2016 October lows forged when hard Brexit fears were at their worst after Theresa May’s speech at the Conservative party conference.