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The Pound-to-Dollar exchange rate (GBP/USD) has failed to materially breach and hold 1.42 in 2021, and in the near-term it is unlikely to do so according to a noted foreign exchange trader.
June 8,2021
The British Pound continues to knock its head against a significant resistance level against the Dollar, a break of which is required to reignite the buying interest required to propel GBP/USD to new multi-year highs.
June 7,2021
The Dollar rose against the Pound, Euro and other major rivals as foreign exchange market participants looked to front-run a strong labour market report due out on Friday.
June 3,2021
The Pound-to-Dollar exchange rate was softer but off overnight lows in the mid-week session, alongside a once downtrodden Dollar, but could face further indecisive trading ahead as an evolving Federal Reserve (Fed) policy conversation leans against strength in Sterling.
June 3,2021
The Pound-to-Dollar exchange rate enters a holiday shortened week near the top of a tight range that has gripped it through much of May, the upper and lower bounds of which could be tested if-not overcome by Federal Reserve (Fed) policy talk or developments in Renminbi exchange rates.
June 1,2021
The Pound-to-Dollar exchange rate slipped from near recent multi-year highs on Friday and ahead of important inflation data from the U.S., which could bring terror anew to various markets if it or other prices data due out in the June month leads investors to invite 'Feddie Krueger’s' return to global bond street.
May 28,2021
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Need Help? WhatsApp me.
Horizon Currency's dealing desk is here to answer any questions you have about the market.
Sam is one of our specialists and can be WhatsApped questions via this link.