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%.
Read more … → 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 chartโฆ
Read more … →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.
Read more … →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 datโฆ
Read more … →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 tโฆ
Read more … →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 consโฆ
Read more … →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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