Pound-Dollar News Directory

We take another look at the chart setup in GBP/USD an note further declines near-term are likely, but a more sustained recovery possible thereafter.

July 3,2019

The Pound was clobbered Tuesday by Bank of England Governor Mark Carney, who's comments in a keynote speech cast further doubt over the applicability of the bank's long-standing mantra that UK interest rates will need to rise over the coming years, right as the technical picture on the charts is growing darker.

July 2,2019

The Dollar was surged to the top of the G10 league table Monday after Presidents Donald Trump and Xi Jingping agreed to avoid imposing further tariffs on each other and to resume negotiations over trade practices at the G20 summit this weekend, although some in the market say the newfound peace may only be temporary.

July 1,2019

If Sterling-Dollar can break above the 1.2790 range highs then it would confirm a breakout and continuation higher to a target at 1.2850.

June 30,2019

Donald Trump and other U.S. politicians have expressed the desire to see a weaker Dollar, but there should ultimately be no need for intervention as the Fed will likely do the heavy lifting.

June 28,2019

The Dollar was treading water Thursday as financial markets wait with baited breath for news of talks between Presidents Donald Trump and Xi Jingping at the G20 summit in Osaka, Japan, and after official data failed to reveal an anticipated upward revision to U.S. first quarter GDP growth. 

June 28,2019