Following a run of five consecutive daily losses, it is hard to describe Pound Sterling's outlook against the Dollar as anything but soft.
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The Dollar rose broadly after the head of the U.S. central bank sparked renewed expectations for further interest rate hikes as he expressed concern that inflation would remain too high over the co…
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The British Pound could be on course to record a fourth successive daily loss and the technical setup advocates for further declines, according to a new analysis.
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Foreign exchange strategists at HSBC are sellers of the British Pound because recent interest rate developments leave the currency looking over-priced while economic headwinds limit its attractiven…
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GBPUSD was unable to make much headway beyond a key technical level that lies just above 1.24 and now risks falling back to 1.2250 over the coming days.
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The Pound to Dollar exchange rate rose by over a per cent to retake 1.23 and further improve its short-term setup following the release of U.S. labour market statistics that disappointed against ex…
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GBPUSD's technical setup has improved notably following Friday's surge but any further upside progress will be tested by this week's UK GDP data release and speeches from the Bank of England's Andr…
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