The Pound was scraping along the bottom of the major currency barrel on Tuesday although it further losses could be just around the corner, according to some analysts, because momentum is shifting to the downside on the charts just as election opinion polls are turning from tailwind into a headwind.

November 27,2019

Investment bank Goldman Sachs say they are forecasting a modestly weaker Dollar in 2020, while analysts at HSBC - the UK's largest lender - say the Dollar is likely to remain the currency to own for the foreseeable future.

November 26,2019

The Pound-to-Dollar rate retains an upside bias on the charts and could still reclaim its May 2019 high in the weeks ahead, according to technical analysts at Commerzbank, although a narrowing Conservative Party lead in the opinion polls is a risk to the British currency. 

November 25,2019

The Pound-Dollar rate retreated further from a five-month high Friday as uncertainty over the December general election and a resilient greenback weighed on the exchange rate, which is tipped by many to remain on its back foot in the weeks ahead. 

November 22,2019

The Dollar rose against all major rivls other than safe-havens Wednesday after the U.S. Senate passed a bill threatening to remove Hong Kong's special trade status and to sanction some Chinese officials if the city's independence is undermined, potentially ending another short-lived downward correction in the U.S. currency.

November 20,2019

The Pound-to-Dollar rate will remain on its front foot this week but although gains will be limited a series of 'resistance levels' on the charts, according to technical analysts studying the charts, although others are warning that Sterling would be likely to retreat if the Conservative Party poll lead shrinks at any point.

November 18,2019