JP Morgan is Bullish USD heading into the second half of the year and identifies Pound Sterling as a candidate to absorb much of this strength.
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GBP/USD stalled by resistance near 1.2850 on chart, risks corrective losses back toward 1.2621 or below.
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The U.S. Dollar is on top amidst expectations for yet higher interest rates in the U.S. and other major developed economies that economists fear will lead to the kind of economic slowdown that typi…
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Powell will have another chance to convince the market about the Fed’s intentions.
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The Pound to Dollar exchange rate soon gave back short-lived gains in midweek trade after the Office for National Statistics (ONS) suggested an inflation genie may be seeping out of a lantern in Lo…
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GBP/USD testing cluster of resistances at 1.2867 & 1.2877 on chart, Bank of England is key risk this week.
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GBPUSD rallied to a new 14-month high as a mixed set of U.S. economic data failed to convince markets the Federal Reserve was certain to raise interest rates in July.
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