Technical studies of the GBP/USD exchange rate suggest further downside is possible.
September 23,2018
Sterling soars after retail sales beat and the Dollar suffers a bout of broad-based weakness amidst signs markets are no longer concerned about global trade tensions. Technical forecasting method as well as strategist view coalesce at 1.3400 target.
September 20,2018
The Dollar will strengthen further in the coming year and is a "buy" under most scenarios, according to analysts at banking titan HSBC, who warned this week that the analyst community is about to get "trampled again" because of its reticence toward the U.S. currency.
September 19,2018
The Dollar edged lower against most currencies Monday as traders await the next move in President Donald Trump's so-called "trade war" with China, following a series of reports suggesting tensions could escalate in coming days.
September 17,2018
GBP/USD remains in a short-term uptrend and a break of the previous week's highs will provide green-light for bulls. Brexit and inflation data dominate Sterling's calendar this week, while for the Dollar Trump's trade crusade will be the key driver.
September 16,2018
The Dollar strengthened Friday after U.S. retail sales surprised on the downside for August, in what appeared to be a classic sign of risk-aversion, as analysts contemplate what the numbers mean for the economic outlook.
September 14,2018
"The market is now decisively above $1.3000 and is now having a look at the late July resistance $1.3170" - Richard Perry, Hantec Markets.
September 14,2018
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