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Strategists at international payments firm Convera say the month of December could bring with it a break above the key 1.28 level for the Pound to Dollar exchange rate (GBPUSD).
November 30,2023
GBPUSD breached 1.27 for the first time since September, but Pound Sterling is left looking technically overbought at the time of writing on Wednesday, suggesting it's time for cool heads to prevail.
December 4,2023
The Pound to Dollar exchange rate is tipped by analysts to extend its uptrend over the coming days, although a busy economic release calendar in the U.S. could trigger volatility.
November 27,2023
Pound Sterling "risks" a rapid move higher that could catch the market by surprise, according to a trading strategist at French investment bank Société Générale.
November 22,2023
Pound Sterling has strengthened to its best level for Dollar buyers in ten weeks as broad-based weakness in the Dollar extends.
November 21,2023
GBPUSD remains in a constructive technical setup that can see gains extend over the coming days which feature the Autumn Statement on Wednesday and the PMI survey for November on Thursday.
November 20,2023
A broad-based decline in the Dollar has followed news that more Americans lost their jobs and sought out-of-work benefits than market participants were expecting.
November 16,2023
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