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Nov 27, 2023 · Having retained the upper hand a week ago, Pound Sterling buyers flexed their muscles amid a persistent bearish bias around the US Dollar. The recent series of consumer spending and inflation...
- Dhwani Mehta
- Fxstreet
– Photo: Matt Cardy / Getty Images. Following a downtrend that lasted several months, the British pound (GBP) has risen 11% against the US dollar (USD) since hitting a record low of $1.0327 in September, although it remains down close to 15% since the start of the year.
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Dec 19, 2022 · The US Dollar could regain the upper hand amid the Fed-BoE policy divergence. Economic challenges in the UK to keep downside risks intact for Pound Sterling. The monthly chart indicates a...
- Dhwani Mehta
- Fxstreet
Oct 1, 2022 · While U.S. consumers may not feel a direct economic impact as a result of lower GBP/USD, certain imported goods and services could become more affordable. Britain’s popular exports to the U.S ...
Jan 15, 2024 · The Pound Sterling (GBP) regained the upper hand against the US Dollar (USD) following a muted close to the first week of the new trading year. GBP/USD buyers jumped back into the...
- Dhwani Mehta
- Fxstreet
Sep 1, 2022 · The prospect of the pound hitting parity versus the dollar is becoming ever less outlandish. The looming threat of a recession, acute dependence on foreign capital, soaring debt costs, and the ...
Mar 13, 2024 · GBP/USD Price Analysis: Consolidates near 1.2800 ahead of UK GDP, bulls have the upper hand. Source Fxstreet. Mar 13, 2024 03:52. GBP/USD lacks any follow-through buying and oscillates in a range on Wednesday. Delayed BoE rate cut bets underpin the GBP and lend support amid a softer USD.
