"There is still scope for further upside in the near term. The long-term downtrend currently stands at approximately 1.35" - Bill McNamara at Charles Stanley.
May 23,2017
The Dollar is looking firm at the start of the new week with gains being registered against both the Euro and US Dollar.
May 22,2017
The US Dollar have regained composure and reversed some of its recent falls thanks to the release of some solid US economic data over the course of the past 24 hours.
May 19,2017
Pound Sterling has seen a dramatic reversal shape up against a resurgent US Dollar in late trade on Thursday, May 18.
May 19,2017
Pound Sterling retains a positive setup against the US Dollar and we are told there is a good chance that the GBP/USD exchange rate could break into fresh air above 1.30 soon.
May 18,2017
The Pound started the new week with another attempted rush into the mid-1.29s with traders inevitable eyeing out that big 1.30 figure.
May 18,2017
GBP/USD rose to within a hair's breadth of the psychologically significant 1.3000 level before rolling over last week and given price action so far, this may be the precursor to a deeper sell off in the coming week.
May 15,2017
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