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Strategists at ING believe the pound is likely to fall against the US dollar over the course of the next five days. Here’s why.
May 16,2016
Strategically it is suggested that the 1.4525/50 region remains the better spot to be selling GBPUSD, “but we would look for initial resistance around 1.4410 this week.”
May 18,2016
The US dollar could be in for a decent mid-year period as sentiment amongst US Federal Reserve appears to be heading in a pro-USD direction.
May 16,2016
Pound sterling is forecast lower on the basis that the three pillars of currency analysis have converged to give one unanimous signal: Sell.
May 13,2016
The US dollar is forecast to maintain its advance according to analysts at the world’s largest foreign exchange dealer while others believe the US Federal Reserve is not yet ready to deliver the necessary higher interest rates to sustain a recovery in the USD.
May 11,2016
The pound sterling may now have hit its maximum and is predicted to be on the path back towards 1.35 by analysts at Societe Generale.
May 9,2016
The dollar is back in demand for a number of reasons and we question whether the GBP to USD exchange rate has the fuel left to continue the multi-week advance.
May 5,2016
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