The Pound to US Dollar ( GBP/USD) exchange rate extended losses on Wednesday after the Federal Reserve delivered a widely ...
On the technical side, Scotiabank notes that GBP/USD remains bearish in the short term, but key support has been found at 1.3140, the low seen in May and August, and a major retracement level of the ...
Historically, the British pound sterling has been stronger than many other currencies, including the U.S. dollar. The pound’s value was double that of the U.S. dollar as recently as 2007. In late ...
The British pound sterling is in danger of sliding further against the dollar, according to Capital Economics. Chief UK economist Paul Dales wrote Wednesday that the energy crisis in Europe will push ...