The pound sterling has been a reliable โsellโ over recent months, but we are now at stage where there is little historical context to guide traders.
Read more →The U.S. dollar was in fine form in mid-week trade, bringing an end to the poor run we have seen over the course of April.
Read more →The British pound appears to be taking its cue from the German DAX this April.
Read more →The British pound is motoring higher as traders are forced to take profit on the sustained downtrend in the UK currency.
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Aussie Bank's Bearish GBP/USD call has proven right so far, with still further to go before target.
Read more →It looks like that for this week understanding currency movements, and importantly where exchange rates are headed, requires an understanding of risk hierarchies.
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GBP/USD has been moving broadly sideways since the January lows, tracing out a rough range between 1.38 and 1.46.
Read more →More losses for the dollar could be round the corner if labour data comes out lower on Friday.
Read more →The Pound has been making a quiet recovery over the past week, with the UK currency tracking marginally higher against the Buck over that time frame.
Read more →At the start of a shortened week of trade in European FX we see that pound sterling (GBP) finds itself at a significant barrier against the Greenback.
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The pound is battling higher versus the dollar as the world's reserve currency losses momentum, but how much higher can it go?
Read more →One of the best performing currency pairs of the latter part of the week, GBP/USD is coming under renewed pressure.
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