Cable

GBP/USD ripe for 1.45

1.45 is a very specific target for GBP/USD. However, it’s a significant target as that’s where the Pound was before the Brexit referendum. Now the Brexit deal is done, what will push it back to that level again?...

Cable volatile on UK GDP results and Brexit

The Cable experienced wild swings as Brexit, and its economy weighed slammed traders and investors into a volatile session. GBP/USD fluctuated from the lower bound of 1.28 to the upper bound of 1.29 in a matter of hours as...

Will the pound shoot past 1.35?

The pound against the US Dollar has returned 11.4% since its March lows. As well all know, a lot has happened since March. But what has not come to fruition is the Brexit talks. As the transition deadline for the...

Pound rallies on weakening dollar

GBP/USD broke 1.30 today, a critical resistance that signals a strong bullish sentiment on the Pound as the dollar weakened on the Fed, sending full message support. Jerome Powell stated that they would keep all support lines open, including bond-buying,...
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