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The Pound to Dollar exchange rate can undergo a downside correction in the near term that would take it comfortably below 1.30, according to a new analysis from Standard Chartered.
July 18,2023
GBPUSD can remain supported over the coming days with any weakness expected to invite fresh buying interest, according to a new technical analysis.
July 17,2023
The Pound to Dollar exchange rate has rallied to its highest since April 2022 but it now faces headwinds in the form of formidable technical resistances around 1.3108 and 1.3240 and might be lucky if it holds 1.30 this week in the event of any rebound from the greenback over the coming days.
July 17,2023
A surge in momentum behind GBPUSD should take it higher and it is too early to expect a material pullback on a technical basis, according to a new analysis.
July 14,2023
Strategists at HSBC went against the consensus in late 2023 and forecast a rise in the value of the currency. So, where does the team that got it right see the Pound moving over the coming weeks and months?
July 14,2023
The British Pound reached a fresh 2021 high and another key figure at 1.31 on Thursday as the strong rally ignited by the release of softer-than-expected inflation data the previous day extended.
July 14,2023
The Pound-Dollar exchange rate went as high as 1.3050 on Thursday amidst an extension of the USD pullback in the wake of cooler-than-expected U.S. inflation numbers.
July 13,2023
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