The Pound to Dollar exchange rate has rallied strongly in recent months and could rise further to 1.30 or so before the curtain closes on 2023.
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The U.S. economy will fall into recession in 2023 according to the Federal Reserve, prompting markets and the Dollar to trade in weak fashion.
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Stocks rose and the Dollar retreated after U.S. inflation fell at a faster rate than investors were anticipating in March.
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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.
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GBP/USD recovery disrupted by soft U.S. data, as resistance stymies path above 1.25 on chart.
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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 …
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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 g…
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