The pound to dollar exchnage rate has risen off the back of better-than-expected U.K Services data, with technicians also noting signs of recovery both techncials and fundamentals are pointing to an extension of the counter-trend rally higher.
February 5,2016
The GBP exchange rate complex is moving higher in the wake of better-than-expected numbers from the UK’s dominant service sector.
February 3,2016
Expect pessimism to be the order of the day at the Bank of England on Thursday, but the British pound could actually end the day higher.
February 3,2016
The 94-96 rupee to pound support zone is a make-or-break level for the pair, which could back in sight after the pair tilted back down again after the Reserve Bank decided to keep rates unchanged on Tuesday.
February 3,2016
Despite complaints that the pound is still too strong against the euro, UK manufacturers continue to expand their business.
February 2,2016
Several bank analysts are highlighting the referendum on E.U membership as probably the single most important event for sterling in 2016.
January 30,2016
The weekly chart of GBP/EUR appears to be reflecting the increased possibility of a Brexit sell-off after painting a very bearish pattern at the highs.
January 30,2016
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