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The dollar has won the "ugly contest" with the pound – profit-taking and vaccine issues have weighed on the pound more than Fed-related vulnerability
Apr 9, 2021 17:13 GMTOpinions GBP/USD has been under selling pressure amid vaccine concerns and despite dollar weakness. US consumer figures and vaccine developments are set to rock the pound. Mid-April’s daily chart is painting a bearish picture. The FX Poll is pointing to short-term falls but an upswing later on. The dollar has won the “ugly contest” with the pound – profit-taking and vaccine issues have weighed on the pound more than Fed-related vulnerability has hurt the greenback. Immunization remains central to markets, while US Retail Sales, Inflation and Consumer Sentiment a...
Following GBP/USD Weekly Forecast: Sterling's shots in the arm, Fed may outweigh dollar enthusiasmANALYSIS | 4/2/2021 3:12:04 PM GMT GBP/USD has been rocking and rolling in response to US yields. Britain's vaccine advantage, the Fed minutes, may allow the currency pair to rise. Early April's daily chart is painting a mixed picture. The FX Poll is pointing to gains on all timeframes. Is Biden's boost dollar positive or negative for the dollar? The debate continues while US yields remain in the driver's seat. Britain's vaccination campaign's...
GBP/USD has failed to overcome dollar strength as the Fed remains reluctant to intervene. US inflation, a vote on stimulus and UK GDP figures stand out
GBP/USD has been tackling new highs amid optimism about the UK, turbulent dollar moves. Britain's easing of restrictions, retail sales, Fed support, US