The Pound-Dollar rate stabilised Wednesday in the wake of overnight losses but could suffer from further profit-taking over the coming days because charts show the uptrend in the British currency is failing while some analysts are also suggesting all of the available 'good news' is already in the price of Sterling. 

December 11,2019

The Dollar softened on Tuesday after being undermined by strength in Pound Sterling and the Euro but the greenback could draw support on Wednesday from the looming Federal Reserve (Fed) interest rate decision and lingering uncertainty over the trajectory of relations with China. 

December 11,2019

Foreign exchange analysts at UBP say the strength of a potential British Pound rally following the UK election result could surprise markets, and lead to the currency overshooting current market forecasts.

December 10,2019

Foreign exchange strategists at Bank of America Global Research have confirmed they remains positioned for a further recovery in the Pound against the U.S. Dollar, describing the stance as one of their "best contrarian G10 FX trades" for the foreseeable future.

December 9,2019

The Pound hit repeated new multi-month highs against the Dollar in recent days after cracking a tough level of resistance on the charts although Thursday's general election is now looming over the British currency and even technical analysts are warning of a possible retreat in the Pound-Dollar rate.

December 8,2019

Sterling ascended to the top of the major currency league table again Thursday amid further suggestions that Prime Minister Boris Johnson maintains a comfortable polling lead ahead of next week's election although analysts at Commerzbank are tipping "failure" for the Pound-Dollar rate near to current levels. 

December 6,2019