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.
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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.
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Pound Sterling has strengthened to its best level for Dollar buyers in ten weeks as broad-based weakness in the Dollar extends.
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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.
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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.
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The Dollar's sharp decline against the Euro, Dollar and the majority of the world's currencies was out of step with the nature of the data that caused it in the first place, according to a leading …
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GBPUSD went back above the 1.23 level and approached 1.24 following the release of U.S. inflation data for October that showed inflation in the world's largest economy had softened more than the ma…
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