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 … →
The Pound was languishing close to the bottom of the G10 league table on Thursday after failing to capitalise on a weakening Dollar, given escalating concerns about the likely path the UK will take…
Read more … →
Pound Sterling is engaged in a significant technical battle against the Dollar in mid-week trade with the objective for both 'bulls' and 'bears' being the 1.29 level.
Read more … →
The Pound-to-Dollar rate will be slower to recover its post-referendum loss given a protracted period of infighting in Westminster and a greenback that's proving more resilient than previously thou…
Read more … →
The Pound-to-Dollar rate is facing a plethora of downside risks coming from at home and overseas, as President Donald Trump embarks on a second major offensive in the so-called trade war with China…
Read more … →
The Pound-to-Dollar rate is set to begin trading around 1.3000 on Sunday after closing more than one percent lower last week, although studies of the charts suggest the outlook for the exchange rat…
Read more … →