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In a contrast to the general view that the Dollar is going to continue rising and that the Pound is doomed, Nordea Markets' Aurelijia Augulyte is retaining a bullish GBP/USD stance.
February 20,2017
It is not a good sign when a currency stops rising on good news but that appears to be what happened to the Dollar at the end of last week.
February 20,2017
GBP/USD continues exerting pressure on 1.2415 where both the 50-day moving average and the monthly pivot are situated and provide a tough barrier of support limiting further declines.
February 20,2017
The US Dollar rose strongly on the back of good inflation and retail sales data from the United States in mid-week trade, only to give the gains back.
February 17,2017
Our technical bias on the GBP/USD has been reinforced following the release of CPI inflation data out of the United States in the mid-week session.
February 16,2017
The Pound to Dollar exchange rate will be eyeing events in the United States today as the economic calendar hots up.
February 15,2017
The recovery in the dollar has stalled as markets look towards Janet Yellen’s key testimony to Congress over the next couple of days.
February 15,2017
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