Expectations concerning impending interest rate rises at the US Federal Reserve are forecast to keep the US dollar supported, however this support will ultimately prove temporary.
Read more … →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.
Read more … →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.
Read more … →For the second week in a row the High Conviction model at Sydneyโs Westpac Bank has the GBP/USD exchange rate in its sight.
Read more … →Strategists at ING believe the pound is likely to fall against the US dollar over the course of the next five days. Hereโs why.
Read more … →Strategically it is suggested that the 1.4525/50 region remains the better spot to be selling GBPUSD, โbut we would look for initial resistance around 1.4410 this week.โ
Read more … →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.
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