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The British pound (GBP) has seen a strong rally against the US dollar in 2014, however a corrective sell-off has scuppered advances in recent weeks. Will the correction turn into an all-out sell-off or will the uptrend resume?
August 21,2014
The British pound (GBP) outlook has turned negative with further losses against the US dollar (USD) being predicted by a host of exchange rate analysts.
August 17,2014
The pound sterling (GBP) has fallen against the euro (EUR), US dollar (USD) and a host of major currencies in the key mid-week trading session. The sudden falls leave the UK unit looking vulnerable for the remainder of the month as technical indicators turn bearish.
August 15,2014
Another period of US dollar (USD) strength could well lie ahead with foreign exchange forecasters continuing to back the greenback into the year end.
August 12,2014
The British pound (GBP) continues to feel the pressure as the US dollar exchange rate complex (USD) continues to tear higher.
August 1,2014
The pound sterling (GBP/USD) continues to struggle against the US dollar on the global currency markets. However, the new month brings with it new opportunities for either sides of the equation as fresh data releases are due.
The UK Markit PMI series will be closely watched while the US Non-Farm Payrolls will form the highlight in the United States.
August 1,2014
An eventful week for the dollar exchange rate complex (USD) is well underway in the mid-week session with Gross Domestic Product (Q2) coming in at 4%, well ahead of the expectation for a reading of 3%.
July 30,2014
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