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However, forex strategists will likely view any recovery in the GBP/USD as an invitation to extend their bets against the UK unit.
February 27,2016
It will take notable deterioration in sentiment towards the British pound to push it below the 1.35-1.40 region it is argued.
February 24,2016
The dollar exchange rate complex will be looking to recover further in the coming week having endured a poor start to February amidst heightened expectations of a US recession.
February 22,2016
The Fed took a stand against pessimism in their last meeting minutes and recent market indicators have responded by pricing in a chance of a November rate hike.
February 19,2016
“USDJPY appears prone to further downside risk without clear catalyst for an improvement in global market sentiment” - Barclays.
February 16,2016
UK inflation data tomorrow, labour market data on Wednesday, retail sales on Friday and an EU Summit with Brexit on the agenda make for a bouncy GBP this weak.
February 16,2016
The US dollar is one of the most overvalued currencies in G10 it is argued, this could aid the GBP to USD conversion higher.
March 2,2016
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