The pound to US dollar exchange rate rally appears to have stalled.
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We gather the insights from a number of leading analysts concerning the possible direction of the US dollar exchange rate complex in the near- and long-term.
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The pound to dollar exchange rate has bounced back into its favoured 2015 range and could be on course to test 2015 highs.
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The pound sterling has advanced against the US dollar.
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The pound to dollar exchange rate (GBPUSD) remains negatively aligned, but event risk on Thursday could shake the markets.
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The pound sterling jumped to two-week peaks against the dollar after the Bank of England didn’t prove as dovish an event as many had expected.
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The pound sterling had bounced off a solid support zone against the US dollar but the release of strong GDP data has since scuppered the recovery.
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