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The GBP/USD reached 1.25 handle last week, before dipping back below the high of its prior range around 1.2450. This level is now very important.
April 12,2023
GBP/USD recovery disrupted by soft U.S. data, as resistance stymies path above 1.25 on chart.
April 11,2023
The Pound to Dollar exchange rate further reversed some of the week's gains in Good Friday trade after non-farm payrolls figures cast the U.S. labour market in a resilient light but also confirmed a continuing slowdown in employment growth while revealing job losses in some parts of the economy.
April 11,2023
The Pound to Dollar exchange rate eased from close to one-year highs in the final session of a holiday-shortened week for some markets but the trend on the charts has shifted in favour of further gains and many analysts are tipping new highs for the months ahead.
April 11,2023
The dollar extended its losses against most of its major peers on Tuesday, with traders becoming split on whether the Fed will deliver another 25bps hike at its May meeting or not.
April 5,2023
The British Pound is a 'buy on dips' as a brighter UK economic outlook combines with a broader Dollar retreat to keep 2023's uptrend in GBP/USD say analysts.
April 4,2023
The Pound to Dollar exchange rate rose strongly in March but could climb further to retest the year's highs near 1.25 this week as a fresh rally in oil prices keeps the immediate interest rate risks tilting higher at the Bank of England (BoE) and more so than for the Federal Reserve (Fed).
April 11,2023
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