The outlook for the GBP/USD exchange rate has taken a turn for the worse ahead of the long-weekend in the UK.
Read more … →Good news for those readers yearning for a stronger British Pound.
Read more … →We have to assume a push higher is still possible despite the emergence of potential topping patterns, however, we would ideally seek a break above the 1.3050 highs for confirmation first.
Read more … →"There is still scope for further upside in the near term. The long-term downtrend currently stands at approximately 1.35" - Bill McNamara at Charles Stanley.
Read more … →The Dollar is looking firm at the start of the new week with gains being registered against both the Euro and US Dollar.
Read more … →The US Dollar have regained composure and reversed some of its recent falls thanks to the release of some solid US economic data over the course of the past 24 hours.
Read more … →Pound Sterling has seen a dramatic reversal shape up against a resurgent US Dollar in late trade on Thursday, May 18.
Read more … →