11 July 2023 Pound Hits New 2023 Best against Dollar After UK Jobs Report Lowers Bank of England Rate Hike Expectations

GBPUSD rallied to a new 2023 best at 1.2911 following the release of labour market data that hinted the Bank of England won't be required to push Bank Rate to above 6.0%.

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10 July 2023 GBPUSD Week Ahead Forecast: Recovery Risks Stalling Near 15-month Highs

  The Pound to Dollar exchange rate has rallied back to retest 15-month highs in recent trade but the risk is of economic data conspiring with nearby technical resistance on the chartโ€ฆ

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07 July 2023 Dollar Falls on U.S. Jobs Undershoot

The Pound to Dollar exchange rate was notably higher after a key U.S. jobs report undershot against market expectations prompting an easing in Federal Reserve rate hike expectations.

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07 July 2023 GBPUSD Firms Ahead of Key Labour Market Report

GBPUSD fell to 1.2674 on Thursday following the release of a string of above-consensus U.S. data before recovering back above 1.27 where we find it on Friday, just hours ahead of the week's key datโ€ฆ

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06 July 2023 Dollar Strengthens on U.S. Data Beats

The Pound to Dollar exchange rate (GBPUSD) relinquished a strong daily advance following the release of a string of stronger-than-expected data that confirmed to markets there was little room for tโ€ฆ

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05 July 2023 Fed Minutes Challenge Pound's Bullish Technical Outlook Against Dollar

GBPUSD remains subject to a bullish technical outlook according to a new analysis from City Index, the retail trading institution, in a call that offers some context to the recent pullback and consโ€ฆ

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05 July 2023 Dollar Stays on Back Foot, Awaits More Key Data says XM.com

The Pound to Dollar exchange rate has edged higher over recent days, in the near-term direction here will reside with developments on the USD side of the equation.

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