-
3 weeks ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Images The new week sees the Pound-to-New Zealand Dollar exchange rate (GBP/NZD) itching to break to new highs. At 2.2743, GBP/NZD is at its highest since March 13 (2.2754), and rolling back the calendar will show that anything above here was last seen in December 2015. These are therefore strong levels for NZD buyers, and there is some benefit in waiting to see whether the coming days unveil fresh strength.
-
4 weeks ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Stock While the investment bank maintains a constructive view on gold fundamentals, its latest research suggests that the next phase of gains will be harder won. "Gold is sitting close to all-time highs, just above $3,000/oz at the time of writing, a 15% increase year-to-date after rising 27% in 2024," wrote Amy Gower, commodities strategist at Morgan Stanley.
-
1 month ago | 
zddt.org | Gary Howes
It was an exciting day for the Geraldine Roche Arts Academy's Level 1 students as they ventured into the world of animation for the first time.
The aspiring artists were given the unique opportunity to engage in motion and voice capture sessions, making their debut in the animation development process.
As part of their assessment, students will work together to create a whole animation episode—an exciting task that combines creativity, technology and teamwork.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Images The Wall Street investment bank says the lift to its Euro forecast is due to Germany's decision to boost expenditure, which is viewed as a significant moment for the entire European economy. "Our European economists responded to the unprecedented German spending plans by upgrading their Euro area growth forecasts despite the looming tariff threats. As a result, we are also revising our FX forecasts," says a research note from Goldman Sachs.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Images The Pound-to-Dollar exchange rate reached 1.30 on Tuesday but soon ran into a wall of selling. "The $1.30 handle is a crucial psychological level, which, if surpassed, could trigger a significant upward movement as it did in August last year," says George Vessey, FX strategist at Convera. The Pound rose to $1.3433 last September before falling nearly 10 per cent in early 2025 as the U.S. economic 'exceptionalism' trade kicked into gear and spurred a significant rally in USD.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Stock The Pound-to-Canadian Dollar exchange rate rallied to its highest level since the Brexit vote last week at 1.8779, in accordance with the multi-year uptrend that we are witnessing. Big picture, that uptrend is intact, and we look for new fresh highs in the coming months, but in the coming days, a pullback is possible. Last week's GBP/CAD peak came with some obvious warnings of overbought conditions building in the exchange rate as the Relative Strength Index peaked above 80.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Stock The Pound can fall against the Aussie Dollar in the short term. The Pound-to-Australian Dollar exchange rate (GBP/AUD) is in a long-term uptrend, but there is a high chance for last week's retracement of recent gains to extend into the coming days. GBP/AUD rose to its highest level since 2020 last week, having achieved 2.0630, but this was rejected on four occasions. From here, the unwind began: Above: GBP/AUD at daily intervals.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Images Pound Sterling could fall back against the Dollar in the coming days. The Pound-to-Dollar exchange rate (GBP/USD) has entered an uptrend, but there is increasing scope for the trend to pause. The pair rallied to a new high of 1.2987 last week and triggered overbought readings on the Relative Strength Index (RSI), which advocated for a consolidation. The presence of strong resistance at 1.30 could also be contributing to a general sense of exhaustion in the uptrend.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Photo by: Sanziana Perju / ECB. The Euro-to-Dollar exchange rate's 2025 recovery accelerated last week, rising to its highest level since November on Tuesday, when it hit 1.0946. EUR/USD has broken above its 200-day moving average, shifting the exchange rate into an uptrend that advocates for a multi-week move higher. However, it became overbought on short-term timeframes with a Relative Strength Index (RSI) level tabove 70.
-
1 month ago | 
poundsterlinglive.com | Gary Howes
Image © Adobe Images Our Week Ahead Forecast model looks for an extension of the sell-off first to 1.1866 (Friday's low) and then the January low at 1.18, where more profound support will lie. The Pound-to-Euro exchange rate trades below the nine-day exponential moving average (EMA), indicating the short-term price action (coming hours and days) is prone to further downside. More significantly, the pair has broken below the 200-day EMA, which signals that the market is in a downtrend.
