Pound to Dollar Rate Tests Key 1.30 Break
- Category: USD
The Pound to Dollar exchange rate (GBP/USD) is testing the key level of 1.30, where a break opens the door to the 1.2820 level say analysts.
The British Pound will come under pressure if UK services inflation lands below 5.2% on Wednesday.
The prospect of a meaningful rebound in the Pound to Dollar exchange rate (GBP/USD) looks a remote prospect for the coming days.
U.S. Dollar Rally Stalling
- Category: USD
Above consensus producer inflation numbers and hawkish comments from Federal Reserve policy setters haven't been able to give the Dollar fresh upside impetus and suggest the October rebound is fading.
