16 June, 2021 |
The Pound-to-Dollar exchange rate was back above 1.41 in the mid-week session although whether it holds the level into the weekend depends significantly on a looming monetary policy decision from the Federal Reserve (Fed) and the market’s interpretation of it.
14 June, 2021 |
The Pound-to-Dollar exchange rate stabilised above 1.41 on Monday but could see both the upper and lower boundaries of its recent trading range tested over the coming days in what promises to be a noisy week for the UK and U.S. currencies.
08 June, 2021 |
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.
07 June, 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.