Recovery from oversold conditions can extend, 1.2350 a potential short-term target.
October 2,2023
GBPUSD could be on course to snap a run of weekly losses if the gains made in the wake of the U.S. PCE price index are held.
October 2,2023
GBPUSD is in recovery mode as it unwinds previously oversold conditions, but those watching Pound Sterling's value should be aware that for now upside is likely to be limited as the Dollar retains commanding fundamentals.
September 28,2023
The British Pound has fallen to new six-month lows against the Dollar as the selloff extends into a tenth week, leaving analysts wondering if there is any prospect of relief before the big 1.20 level comes back into play.
September 27,2023
Rising bond yields are signalling "trouble" for global markets that look set to leave the Dollar as one of the beneficiaries say analysts.
September 26,2023
The British Pound has now been subjected to 11 weeks of relentless pressure against the Dollar and there is little to suggest the selloff is about to end with most analysts saying 1.20 will be targetted over the coming weeks, although near-term some stabilisation can be expected.
September 25,2023
Pound Sterling will remain under pressure against the U.S. Dollar for some time say analysts following the Federal Reserve's policy update and guidance that suggests a first interest rate cut in 2024 will come later than previously expected.
September 21,2023
Page 77 of 414