The Pound to Dollar exchange rate slipped back toward 18-month lows week owing to a strong Dollar and growing uncertainty about the Bank of England (BoE) interest rate outlook, which could continue to limit Sterling’s scope for recovery over the coming days.

The Pound to Dollar exchange rate’s rebound from early March lows was stymied near 1.33 and around a notable level of technical resistance on the charts last week, leaving it vulnerable to a deeper setback over the coming days.

The Pound-to-Dollar exchange rate slumped last week as Sterling was caught in a wave of profit-taking but declines had petered out near a tried and tested support level by Friday, and with the greenback having shown signs of tiring its own rally, a tentative attempt at recovery could be made over the coming days.

The Pound-to-Dollar exchange rate entered the new week on the offensive and looked to be making a concerted attempt at reversing its March declines as the technical picture brightened on the charts and a pending reopening process brought an economic recovery into view on the horizon.

The Pound-to-Dollar exchange rate was recovering off two-month lows ahead of the weekend but could be likely to extend this move further over the coming days as international markets stabilise and the U.S. Dollar becomes more selective in its appreciation. 

The Pound-to-Dollar exchange rate was dealt a setback last week but remains well supported on the charts while the UK's economic blessings continue to make a compelling case for further gains back to and above the 1.40 threshold as central bank policy divergences come to dominate the currency market agenda.

The Pound-to-Dollar rate went out on its back amid further gains for American bond yields but continued to eyeball 1.40 and a rubicon it may overcome on route to new highs this week, as the Federal Reserve (Fed) curbs appetite for the greenback and Sterling is aided by the Bank of England (BoE).

The Pound-to-Dollar exchange rate suffered another setback last week as a rout in the U.S. bond market lifted the Dollar but with yields appearing to lose steam on Friday, Sterling could be set to recover its footing over the coming days before resuming its earlier climb to 1.40 and above.

The Pound-to-Dollar exchange rate went out Friday on its back foot after risk assets hit a global bond market speed bump following an earlier rally that took Sterling to 2018 highs, which will be back in prospect this week as and when the dust settles in international financial markets. 

The Pound-to-Dollar exchange rate more than doubled its 2021 gain last week as Sterling took the market by storm, but with enthusiasm building among a broad array of participants and in a still-Dollar bearish market, the British currency could now have scope to attain three-year highs above 1.43 by March.

Pound Sterling extended its 2021 lead over a range of currencies including the Dollar last week but could continue to confound market expectations over the coming days as the greenback, in its role as the taxi cab of the foreign exchange market, drives the British currency toward 1.40 and above.

The Pound-to-Dollar rate lifted Sterling into first place among major currencies for 2021 last week but in the absence of an upset from the Bank of England (BoE) this Thursday, it could remain an outperformer as the UK's vaccine success promotes resilience against any further resurgence of the greenback. 

The Pound-to-Dollar rate snapped a three-day winning streak on Friday and may see further losses if risk-aversion continues to upend global markets, but bullish charts and the UK's lead on coronavirus vaccinations have got some analysts suggesting new multi-year highs are only a matter of time.

The Pound-to-Dollar exchange rate sustained its worst intraday decline for months on Friday as investor risk-aversion lifted the U.S. currency against most rivals, although Sterling is widely tipped to benefit this week and thereafter from a quickening pace of vaccination and improving economic outlook.

The Pound-to-Dollar exchange rate is stalling having sustained its first weekly decline since early December and is tipped by some analysts for a further retreat over the coming days, in which Sterling will be vulnerable amid any further profit-taking by investors on wagers against the Dollar.

The Pound-to-Dollar exchange rate is on course to end the year within arm's reach of post-referendum highs as Britain's Brexit deal births a new era in UK and European relations while potentially insulating European currencies from any fallout relating to uncertainty over the U.S. 'stimulus bill.'

The Pound-to-Dollar exchange rate ended the week near to early-2018 highs that could be washed away in a correction lower over the coming days as the government's response to a new strain of coronavirus looms large over the economic outlook and as the Brexit clock runs down. 

The Pound-to-Dollar rate faces a testing period of heightened volatility and political theatre as a likely-phoney war plays out in the Brexit trade negotiations, although the latest manoeuvres from the two sides could offer Sterling an attempt at stabilisation on Monday. 

The Pound-to-Dollar exchange rate preserved its upward trajectory last week but is at risk of coming undone in the days ahead as a triple-shot cocktail of political risk threatens to pollute the atmosphere in markets, curbing risk appetite among investors and punishing Pound Sterling. 

The Pound-to-Dollar exchange rate had its wings clipped last week after investors were spooked by rhetoric from Brexit negotiators but it could join the Euro and other currencies in clocking multi-year highs over the coming days as the two sides edge toward an agreement.