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Pound Sterling retains a positive setup against the US Dollar and we are told there is a good chance that the GBP/USD exchange rate could break into fresh air above 1.30 soon.
May 18,2017
The Pound started the new week with another attempted rush into the mid-1.29s with traders inevitable eyeing out that big 1.30 figure.
May 18,2017
GBP/USD rose to within a hair's breadth of the psychologically significant 1.3000 level before rolling over last week and given price action so far, this may be the precursor to a deeper sell off in the coming week.
May 15,2017
The Pound to Dollar recovered on Friday after the release of US Inflation and Retail Sales data undershot expectations and raised questions about the strength of the US recovery.
May 12,2017
The Pound is expected to continue to soften in 2017 a leading investment bank has stated.
May 13,2017
The Pound to Dollar could potentially see more downside following the BOE’s Super Thursday event, particularly if market participants are right about the Bank downgrading their growth forecasts.
May 11,2017
Markets are unexpectedly subdued on Monday morning as we look to the week ahead.
May 9,2017
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