The Pound-to-Dollar rate shed almost one percent in what was a rollercoaster ride last week but is at risk of crumbling further in the coming days amid multiple technical and fundamental headwinds that could see volatility picking up. 

The outlook for the Pound against the U.S. Dollar has turned more constructive according to our studies, while the calendar suggests U.S. price data will be important for the Greenback this week and Sterling will be subject to the outcome of cross-party Brexit negotiations.

The Pound-Dollar exchange rate is trading below 1.30 and our technical studies suggest further near-term weakness can be expected.

The Pound-Dollar exchange rate has fallen below the psychologically important 1.30 marker as near-term momentum turns negative suggesting a bias for further losses over coming days.

The Pound is forecast to track sideways against the U.S. Dollar over the near-term suggest our technical studies, but much of this week's action will depend on UK wage data out on Tuesday and a Dollar that appears to be experiencing a short-term soft-patch.

Pound-to-Dollar exchange rate in the week ahead: biased to the downside according to technicals, but critical week of Brexit developments could inject substantial volatility into market.

The Pound-to-Dollar rate is set to begin trading around 1.3043 on Sunday after falling more than one percent in the previous week, and the eat the start of the new week, down 1.3% from the week before.

The Pound-to-Dollar rate is set to beging trading around 1.3214 Sunday after falling just more than half a percent in previous week, although technical studies of the charts suggest the exchange rate is likely to rise over the coming days.

The Pound-to-Dollar rate is to begin trading around 1.3285 Sunday after rising more than 2.0% in the previous week, although the exchange rate still has further to climb over the coming days, according to technical studies of charts.

From a technical perspective, the GBP/USD pair has executed a complete U-turn after previously being in an uptrend and has fallen below some key markers, such as the 50-week moving averag at 1.3129. The coming week is expected to see volatility rise sharply as parliament votes on the EU-UK Brexit deal for a second time.

The Technical outlook for GBP/USD is constructive and we would expect Sterling to maintain its 2019 bias for strengthening. But, we are wary of a surprise vote on Brexit, while a broadly stronger U.S. Dollar could provide headwinds.

The Pound is poised to make further gains against the U.S. Dollar from a technical basis with favourable chart setups being observed. However, an important week for Brexit politics and a slew of data out of the U.S. economy could trigger unexpected shifts in the GBP/USD exchange rate.

Pound Sterling is in a short-term downtrend against the U.S. Dollar which leads us to suggest more of the same is possible near-term but we are conscious that weekend news on a potential softening on France's Brexit stance could benefit the currency early on.

The Pound fell back against the U.S. Dollar last week however the technical outlook remains positive and with the Brexit impasse likely to play neutral for Sterling in the coming week there is a good chance the exchange rate turns higher once more.

The GBP/USD exchange rate is forecast to enjoy further upside momentum in the short-term suggest our technical studies while the highlight in the coming week for Sterling will be the outcome of a series of votes in the UK parliament on Tuesday which should dertermine the path forward on Brexit. In the U.S. the Federal Reserve policy meeting mid-week and employment data at the week's end should command attention.

The technical outlook for the Pound against the U.S. Dollar is positive, however we are wary that the coming week will be packed with political intrigue that could well shake Sterling.

The Pound is positively aligned against the Dollar from a technical perspective and could climb higher, but we are wary of the implications of this week's Brexit vote for Pound Sterling.

The Pound-to-Dollar rate fell almost a whole percentage point from a week ago after Theresa May's decision to delay the vote on the government's withdrawal deal increased fears of a ‘no-deal’ Brexit materialising, and the bias for the week ahead is toward the downside too.

The Pound-Dollar exchange rate could extend lower as the advantage still lies with the bears we believe. Ultimately, direction in this currency pair will be determined by the outcome of Tuesday's parliamentary vote on the Brexit deal.

In the week ahead, the risks to GBP/USD have pivoted higher in our view, based on a sea-change in trade relations between the US and China. However, the broader trend is still a negative one.