21 August 2024 Has Pound-Dollar Sucked Traders into a Bull Trap?

Will the Pound continue to move higher against the Dollar and potentially hit fresh 2024 highs? A new analysis warns of a potential near-term setback.

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20 August 2024 GBP/USD Rate Hits 1.30

Pound Sterling reached a key level against the U.S. Dollar amidst improved global investor sentiment.

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19 August 2024 U.S. Dollar Drops to 7-month Low

The Dollar has fallen to a seven-month low amidst a build-up in expectations for a September interest rate cut at the Federal Reserve.

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19 August 2024 Pound to Recover Further Ground against the Dollar this Week

The Pound to Dollar exchange rate has rallied back strongly from its early August losses but the charts and bilateral economic fundamentals are aligned in suggesting that further gains could still โ€ฆ

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16 August 2024 GBP/USD Recovery Back in Play on Charts

The Pound to Dollar exchange rate rallied to new highs for the week on Friday, overcoming some key levels along the way and bringing a longer-term recovery trend back into focus on the charts.

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12 August 2024 GBP/USD Week Ahead Forecast: US Election Polls, CPI Aid Recovery

The Pound to Dollar exchange rate has steadied following a steep sell-off in late July and early August but there are multiple reasons for thinking it could have scope to recover further lost grounโ€ฆ

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07 August 2024 GBP/USD Rate Facing Technical and Fundamental Headwinds

The Pound to Dollar exchange rate stabilised around one-month lows on Wednesday but it faces technical and fundamental headwinds that could complicate any attempt at recovery in the days and weeks โ€ฆ

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