Foreign exchange strategists at Deutsche Bank see across-the-board U.S. Dollar gains if Donald Trump wins in November and his Republican party secures control of both the House and Senate.
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.