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The Pound-to-Dollar exchange rate starts the new week at 1.3670 which places it towards the bottom of a range that has held since February, but one technical analyst says notable support located nearby will remain hard to crack.
September 27,2021
A surprise rise in Americans signing on for jobless benefits has triggered a bout of Dollar weakness.
September 23,2021
The Pound-to-Dollar exchange rate was close to 2021 lows and vulnerable to further losses after the Federal Reserve turned ‘hawkish’ in its guidance.
September 23,2021
Volatility in the Pound-to-Dollar exchange rate has faded following the sharp falls seen on Monday with traders apparently reducing exposure ahead of updates from the Federal Reserve on Wednesday night and the Bank of England on Thursday.
September 22,2021
GBP/USD entered the new week cushioned by technical support directly beneath the market but risks seeing any attempted recovery scuppered by Wednesday's policy announcement from the Federal Reserve.
September 20,2021
Analysts to warn that GBP/USD could struggle to sustain any further climb above 1.38 in next week’s trading.
September 17,2021
The Pound could extend a recent rally against the U.S. Dollar if the stances held by a number of institutional strategists we follow prove correct, although others still prefer to back the Dollar.
September 15,2021
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