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Pound Sterling has reached its lowest levels in eleven months this week, but the prospect of a recovery is building according to a major Wall Street bank.
November 12,2021
"Going forward, there is an argument that a BOE rate hike is actually a policy misstep. We steer clear of the GBP until we have more clarity on that" - OCBC.
November 11,2021
"Those excitedly heading off to the States could lose out on £211 for every £1000 exchanged" - Fair FX.
November 10,2021
The trendline break was a game-changing moment for the pair as it signified the third major trendline break for the uptrend from the March 2020 lows.
November 10,2021
A GBP/USD rebound could be likely this week, but much will depend on the market’s appetite for the greenback and response to U.S. inflation figures.
November 8,2021
It's a busy week for Pound Sterling, not only did the Bank of England strike it down with a lightning bolt but now it has to contend with heating Brexit tensions.
November 5,2021
The British Pound rallied against the Dollar in the immediate wake of the Federal Reserve's November policy update to record a half-percent gain on the day.
November 4,2021
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