British Pound Buoyant Ahead of BOE: How Much More Upside in GBP/USD?
The British pound’s rise to a one-year high against the US dollar last week is another sign that GBP/USD’s medium-term fortunes could be changing. How much more upside?
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The British pound’s rise to a one-year high against the US dollar last week is another sign that GBP/USD’s medium-term fortunes could be changing. How much more upside?
The British pound’s rally against the US dollar has stalled recently, and chances are that the consolidation could continue a while longer before it embarks on a new leg higher. What are the key levels to watch?
A negative divergence on the daily charts suggests the British pound's rally against the US dollar is losing steam in the short term, pointing to the possibility of a consolidation/minor retreat ahead of key UK data due this week.
Key focus on global manufacturing activity data (including US ISM manufacturing due today) and US payroll data due Friday. What is the outlook on EUR/USD, GBP/USD, and USD/JPY?
The British Pound's rebound this month from fairly strong support keeps alive the possibility of further gains against the US dollar. What are the key levels to watch in GBP/USD, EUR/GBP and GBP/JPY?