Analysts at Citi - the world’s largest foreign exchange dealer - have confirmed to clients they are bearish on the Pound-Dollar exchange rate.
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Is the current Pound to Dollar exchange rate sell-off overdone? It could be argue analysts at Lloyds.
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The USD has strengthened significantly since the result of the US presidential election on 8 November 2016, and we should expect this trend to extend argue analysts at HSBC.
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The longer-term technical picture looks very unsteady for the Pound with analysts spotting resistance intraday at 1.2175/80 and support at 1.2115.
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Analysts at Morgan Stanley have told clients that they are looking for notable weakness in the Pound-Dollar exchange rate.
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Pound Sterling is under the hammer at the start of the new week as foreign exchange markets resign themselves to the fact the UK is to exit the single market.
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