The Pound to Dollar exchange rate’s rebound from early March lows was stymied near 1.33 and around a notable level of technical resistance on the charts last week, leaving it vulnerable to a deeper setback over the coming days.
March 28,2022
Hotter than expected inflation figures have aided Pound Sterling higher against the Dollar, with markets betting the Bank of England will have little choice but to pursue further interest rate hikes.
March 23,2022
Dollar exchange rates lifted following the comments as markets braced for a more rapid ascent in U.S. interest rates than had previously been expected.
March 23,2022
GBP/USD upside limited, risks deeper losses ahead as Fed gears up to pull ahead & BoE turns cautious.
March 21,2022
Don't bet against the USD just yet says RBC Capital.
March 18,2022
GBP/USD unwinds earlier gains & slips toward 1.31 as BoE tips two-sided risks to future rate decisions.
March 17,2022
"Overall, GBP is expected to trade on a firm footing as long as it does not move below 1.3040 within these few days" - UOB.
March 18,2022
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