With this week’s data showing the UK inflation rate at almost 5% and likely to get worse, it is really only a matter of time before interest rates start to rise. The technical picture on the monthly gbp usd chart would seem to support this...
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Pounds To Dollars – Dollars To Pounds Monthly Chart 1st June 2009
With many analysts believing that the British Pound was unduly punished, its spectacular fall of late 2008 is being mirrored by an equally spectacular rise in 2009 a performance clearly demonstrated in the monthly chart with May closing on a very wide spread up bar...
Pounds To Dollars ( GBP/USD) – Monthly Chart 2nd February 2009
gbp usd currency pair with monthly chart
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