GBP/USD is underpinned by multiple layers of support, fibonacci levels & key average underpin near 1.1950.

USD in strong comeback following jobs report, GBP/USD failures create 'double top' pattern.

The Pound to Dollar exchange rate has laid siege to six-month highs in recent trading but uncertainty about this week's interest rate decisions and U.S. economic data could prevent a further recovery over the coming days.

GBP/EUR, GBP/USD forecast update from Credit Suisse.

GBP/USD has seen a setback over recent hours but technical analysts say it is too early to capitulate and call an end to the multi-week uptrend.

The Pound to Dollar exchange rate has rallied close to six-month highs and could rise further in the days ahead with a break above technical resistance at 1.2504 and an approach of 1.26 possible if UK and U.S. economic data remains conducive to a continued rebound for riskier currencies. 

Morgan Stanley says it has "doubled down" on its bearishness towards the U.S. Dollar in 2023, prompting it to lift its Pound to Dollar exchange rate forecast.

Peak pessimism towards the British Pound may be close to passing says a year-ahead research publication from MUFG, the global investment bank and lender.

The Pound to Dollar exchange rate has sharply reversed its New Year losses and could rise further this week if global markets build on last Friday's gains but public remarks from Federal Reserve (Fed) officials and the latest U.S. inflation figures are potential risks to the recovery.

HSBC predicts GBP & EUR to turn tables on GBP in 2023.

The British Pound will lose value to the Euro and Dollar over the duration of 2023 says J. Safra Sarasin, a private Swiss bank, in a year-ahead research briefing.

Foreign exchange analysts are considering the prospect of a near-term retreat in GBP/USD back below the psychologically significant 1.20 level.

The Pound to Dollar exchange rate was toppled at six-month highs last week as deteriorating economic data and hawkish central banks drove a rout in risky assets but Sterling could benefit this week if the forthcoming holiday period leads the speculative market to lighten up on its own risk for a while. 

The Pound to Dollar exchange rate has remained buoyant near nine month highs in recent trade but it could be volatile in the days ahead when a pending deluge of important UK and U.S. economic data points will set the stage for the latest interest rate decisions from the Federal Reserve (Fed) and Bank of England (BoE).

The U.S. Dollar remained close to the top performing currency of 2022 this week but a decisive turn lower may not be that far off and this is something that would be likely to favour developed market currencies over their emerging market counterparts, according to research from Goldman Sachs. 

Citi says the British Pound will retreat towards 2022's lows over the coming months.

Technicals look for more GBP/USD upside.

The Pound to Dollar exchange rate reached multi-month highs last week after Federal Reserve (Fed) and Chinese health officials appeared to inspire in investors an almost Pavlovian appetite for chasing risky assets but it remains to be seen if the rally can survive this week's U.S. economic data offering.

GBP is near multi-decade lows and the risk of a major decline is limited, says NatWest Markets as it assesses the currency's prospects for 2023.

The Pound to Dollar exchange rate has reversed more than one half of this year's decline but will now run the risk of a corrective setback that could pull it toward 1.20 or perhaps even back below there over the coming days.