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Pound sterling has been seen correcting lower having hit overbought conditions over the past few trading sessions but the currency pair could suffer even deeper declines suggests a new analysis.
May 23,2016
Pound sterling is moving sharply higher against a raft of currencies however the dollar is in demand too, ensuring the potential for a stalemate in GBP/USD to emerge.
May 19,2016
For the second week in a row the High Conviction model at Sydney’s Westpac Bank has the GBP/USD exchange rate in its sight.
May 19,2016
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
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