15 July 2024 GBP/USD Week Ahead Forecast: Overbought

Pound Sterling has risen to its highest level in a year against the Dollar after last week's 1.35% gain. But, the rally leaves it technically overbought in the near term and exposed to weakness if โ€ฆ

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11 July 2024 Pound Surges to New 2024 High against Dollar After Convincing Fall in U.S. Inflation

The Dollar fell notably after the U.S. reported that inflation shrunk last month, indicating the likelihood of an interest rate cut in September.

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10 July 2024 GBP/USD Stumbles on Fed, Technical Barrier

The Pound to Dollar exchange rate's rally has failed again after colliding with a notorious technical barrier and Jerome Powell's sober assessment of the prospect of interest rate cuts.

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09 July 2024 "Dollar-supportive Political Risks are Sill Simmering in the Background"

If the Republicans win big in November, expect a surge in import tariffs to underpin the U.S. Dollar further.

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08 July 2024 GBP/USD Week Ahead Forecast: Notable Resistance Here

Pound Sterling has now reached elevated levels against the U.S. Dollar and will need Thursday's U.S. inflation release to be soft if it is to break fresh ground.

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05 July 2024 GBP/USD Breaks 1.28 on Soft U.S. Jobs Report

The Dollar was sold after a U.S. labour market report showed conditions continuing to cool, bolstering expectations for an interest rate cut from the Federal Reserve at the September policy meetingโ€ฆ

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03 July 2024 Dollar Falls as the Mighty Services Sector Slips into Contraction

The Dollar was lower after a U.S. labour market survey printed softer than anticipated and boosted the odds of an interest rate cut at the Federal Reserve in September.

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