Will the Pound continue to move higher against the Dollar and potentially hit fresh 2024 highs? A new analysis warns of a potential near-term setback.
August 21,2024
Pound Sterling reached a key level against the U.S. Dollar amidst improved global investor sentiment.
August 20,2024
The Dollar has fallen to a seven-month low amidst a build-up in expectations for a September interest rate cut at the Federal Reserve.
August 19,2024
The Pound to Dollar exchange rate has rallied back strongly from its early August losses but the charts and bilateral economic fundamentals are aligned in suggesting that further gains could still be likely up ahead.
August 20,2024
The Pound to Dollar exchange rate rallied to new highs for the week on Friday, overcoming some key levels along the way and bringing a longer-term recovery trend back into focus on the charts.
August 20,2024
The Pound to Dollar exchange rate has steadied following a steep sell-off in late July and early August but there are multiple reasons for thinking it could have scope to recover further lost ground in the days ahead, with a retest of the 200-week average up around 1.2845 a credible prospect.
August 12,2024
The Pound to Dollar exchange rate stabilised around one-month lows on Wednesday but it faces technical and fundamental headwinds that could complicate any attempt at recovery in the days and weeks ahead.
August 7,2024
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