Despite the recent setbacks in the Pound, the market has been constructive overall with the potential for continuation higher to 1.3350 and 1.3600.
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The Dollar softened even further on Wednesday after core-durable goods orders data surprised on the downside for the month of January and as unease over the UK's departure from the European Un…
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The greenback capitulated at range highs before slipping lower on Tuesday after inflation data surprised on the downside for the month of February, vindicating investors for having bet earlier this…
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The Dollar extended losses Monday after a retail sales figures for the month of February appeared to confirm the economy has shifted down a gear in recent months, strengthening some economists' con…
Read more … →From a technical perspective, the GBP/USD pair has executed a complete U-turn after previously being in an uptrend and has fallen below some key markers, such as the 50-week moving averag at 1.3129…
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The U.S. Dollar is likely to continue rising, despite the recent slow-down in some areas of the U.S. economy says John Hardy, head of FX strategy at Saxobank, largely thanks to a U.S. Federal Reser…
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Despite the weaker fundamentals facing Pound Sterling of late, the technical outlook for GBP/USD actually continues to look quite constructive.
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