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Pound Sterling-US Dollar Exchange Rate: 1.2848 (-0.2%) Charts
US Dollar-Pound Sterling Exchange Rate: 0.7783 Charts

Pound Sterling Close to 'Basing' against Dollar says Credit Suisse Tech Analyst

Pound Sterling Close to 'Basing' against Dollar says Credit Suisse Tech Analyst


Technical analysts at Credit Suisse have taken a look at a number of major British Pound exchange rates and identified a number of positive developments that might suggest the UK currency has reached what will effectively prove to be its…

Key Statistics
Live GBP/USD Exchange Rate: 1.2848
Daily Change: -0.1954%
Opening Rate: 1.2872
Today's Low: 1.2847
Today's High: 1.2877
Low of the Past Year: 1.145 (24-03-2020)
High of the Past Year : 1.3514 (13-12-2019)
Relative Performace
1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

vs Next 10

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* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2020, Past Year = Past 365 Days

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U.S. Dollar Swings Higher after Fed Promises Brave New World of Lower Rates For Longer than Before

  • Written by James Skinner

The Dollar turned higher against all currencies other than a rejuvenated Japanese Yen Thursday after the Federal Reserve (Fed) upgraded its growth forecasts before setting out what a much-vaunted new approach to inflation will mean for policy in the practice, although it’s not clear if the market reaction is simply profit-taking or a harbinger of a trend change. 

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