On the downside, immediate support is located at 1.3130, where the Fibonacci 23.6% retracement of the latest uptrend is located. If GBP/USD falls below this level and starts using it as resistance, ...

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Bank Of America: GBP/USD Potential Long-term Target 1.4480

Bank of America (BoA) considers that the latest Pound to Dollar exchange rate surge has broken the long-term downtrend that has been in place since 2008. If sustained, this potent ...

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GBP/USD Weekly Forecast: Pound Sterling strength hinges on US Nonfarm Payrolls

The buying interest in the Pound Sterling (GBP) against the US Dollar (USD) remained unabated, sending the GBP/USD pair to a 29-month-high above 1.3250 before sellers fought back control in the second ...

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Weekly Forecast – EUR/USD, USD/JPY, GBP/USD, Gold, S&P 500 Index

It will be a busier week ahead in terms of data, with the most important items this coming week expected to be: • US Non-Farm Payrolls and Average Hourly Earnings—these will be key in influencing the ...

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GBP/USD (GBPUSD=X)

US stocks wavered, poised to end a wobbly week on a high note as the latest reading of the Federal Reserve's preferred inflation gauge bolstered rate-cut hopes. The U.S. dollar slipped lower in ...

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