Any bounce higher by the British pound against the US dollar should be considered as being temporary according to a recent assessment of the GBP/USD pair.
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The pound dollar exchange rate has edged higher at the start of the new week as focus moves away from the United States side of the GBP/USD equation.
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Latest forecasts for the pound dollar exchange rate from analysts at BMO Capital, UBS and Natixis.
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While yesterday’s labour market data was marginally positive with wage growth picking up more than expected, pound exchange rates came under pressure following the market’s dovish take on the Bank …
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A strengthening US dollar exchange rate complex threatens to dry global financial market liquidity.
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It all started going wrong for those betting on the pound sterling in July - it was at this time that the tide began to turn in favour of the Us dollar.
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Although the pound to dollar exchange rate (GBP/USD) hit a 14-month low last week GBP has fared comparatively well since the USD began its rally in July.
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