Analyst Joel Kruger at LMAX Exchange says GBP/USD may have reached a key long-term support level at the current 1.26 lows where it could bounce and continue its more constructive longer-term techni…
Read more … →
The U.S. Dollar is likely to be supported as regional business surveys remain resilient and U.S.-Sino trade war does not yet appear to warrant a Dollar weakening interest rate cut at the U.S. Feder…
Read more … →
The Dollar was riding high, close to the top of the G10 league table and a two-year high, on Thursday but analysts are saying the currency should remain on its front foot at least for the foreseeab…
Read more … →
The Dollar was riding high near the top of the G10 league table Thursday, keeping pressure on the Pound-to-Dollar rate, after minutes from the May Federal Reserve (Fed) meeting further sugges…
Read more … →
The Pound was steady against a softer U.S. Dollar on Monday but hopes of a steep and protracted rally in the months ahead may be beginning to fade, if the latest analysis from Bank of America is an…
Read more … →
From a technical perspective, GBP/USD has established a short-term downtrend which is, on balance, more likely to extend than not given the assumption that the “trend is your friend” and therefore …
Read more … →
The Pound breaks through a key technical support level on news of cross-party talks failure, a move which bodes for further declines.
Read more … →