Currency News: UK daily forex news and forecasts
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Pound to Euro Rate Today: German Data to Test EUR Recovery
8 Apr 2026 at 7 PM - Written by Frank Davies
STORY LINK Pound to Euro Rate Today: German Data to Test EUR Recovery
The Pound Euro (GBP/EUR) exchange rate firmed on Wednesday, buoyed by softer Eurozone data and an upbeat market mood.
At the time of writing, GBP/EUR was trading at €1.1501, up roughly 0.3% on the day.
The Pound (GBP) advanced against safer currencies, supported by a sharp improvement in market sentiment following news of a US-Iran ceasefire.
The agreement, struck overnight, established an immediate two-week pause...
CATEGORIES: Pound Euro Forecasts
GBP to USD Forecast: Pound Sterling Jumps on US-Iran Ceasefire News
8 Apr 2026 at 6 PM - Written by James Fuller
STORY LINK GBP to USD Forecast: Pound Sterling Jumps on US-Iran Ceasefire News
The Pound to US Dollar (GBP/USD) exchange rate surged on Wednesday, climbing to its highest level in a fortnight as markets reacted to news of a ceasefire between the US and Iran.
At the time of writing, GBP/USD was trading near $1.3429, up around 1% from the start of the session.
The US Dollar (USD) came under significant pressure following a major shift in the geopolitical backdrop, with Washington and Tehran agreeing...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Iran Ceasefire Eases Euro-Zone Growth Pressure
8 Apr 2026 at 8 AM - Written by James Fuller
STORY LINK British Pound to Euro Forecast: Iran Ceasefire Eases Euro-Zone Growth Pressure
The Pound to Euro (GBP/EUR) exchange rate found support below 1.1450 and moved higher to the 1.1475 area, with the Euro held back by ongoing growth concerns.
The pair also drew support from an improvement in global risk conditions after confirmation of a two-week ceasefire between the United States and Iran, easing immediate fears over energy prices and financial market disruption.
There was some relief in UK markets,...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast: GBP Rebounds as Iran Ceasefire Hits USD Demand
8 Apr 2026 at 8 AM - Written by Tim Boyer
STORY LINK Pound to Dollar Forecast: GBP Rebounds as Iran Ceasefire Hits USD Demand
The Pound to Dollar (GBP/USD) exchange rate dipped to 1.3180 lows after stronger-than-expected US payroll data on Friday, but the pair then rebounded to near 1.3250 as the dollar lost ground following a ceasefire agreement between the United States and Iran.
According to UoB; “To maintain the increase in [downward] momentum, GBP must not break above the ‘strong resistance’ level, currently at 1.3265.”
The dollar...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Movement "Limited" as All Eyes on Iran
7 Apr 2026 at 7 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Movement "Limited" as All Eyes on Iran
The Pound to US Dollar (GBP/USD) exchange rate moved within a tight range on Tuesday, as investors held back ahead of a key deadline tied to US policy on Iran.
At the time of writing, GBP/USD was hovering around $1.3209, little changed from where it began the session.
The US Dollar (USD) lacked clear direction, with traders reluctant to take strong positions ahead of a looming decision from Washington.
US President...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Rate Flat
7 Apr 2026 at 6 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Flat
The Pound Euro (GBP/EUR) exchange rate moved within a tight range on Tuesday as investors digested the latest services PMI data from both the UK and the Eurozone.
At the time of writing, GBP/EUR was trading at €1.1473, having drifted sideways throughout the session.
The Pound (GBP) struggled to find a clear trajectory after the release of the UK’s final services PMI for March.
The index was revised down from 51.2...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: EUR/USD Struggles as Energy Prices Surge
7 Apr 2026 at 8 AM - Written by Ben Hughes
STORY LINK Euro to Dollar Forecast: EUR/USD Struggles as Energy Prices Surge
The Euro to Dollar exchange rate (EUR/USD) struggled to hold above 1.16, as rising energy prices and geopolitical tensions continued to weigh on the Euro.
With oil markets driving short-term direction and concerns over weaker terms of trade intensifying, EUR/USD faces downside risks before a potential recovery later in the year.
EUR/USD Forecasts: It's all about energy
MUFG sees the risk of renewed Euro to Dollar...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Forecast: Short-Term Bounce, Medium-Term Headwinds
7 Apr 2026 at 7 AM - Written by James Fuller
STORY LINK Pound to Dollar Forecast: Short-Term Bounce, Medium-Term Headwinds
The Pound to Dollar exchange rate (GBP/USD) recovered slightly after sliding to four-month lows near 1.3160, as markets assessed whether Sterling can remain resilient amid rising economic risks.
While expectations of future Federal Reserve rate cuts could weaken the dollar over time, concerns over UK growth and the impact of higher energy prices continue to limit the Pound’s upside.
GBP/USD Forecasts: UK...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Week Ahead Forecast: Downside GBP Risks Build
7 Apr 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: Downside GBP Risks Build
The Pound to Euro exchange rate (GBP/EUR) slipped to four-week lows below 1.1450, as markets questioned Bank of England rate-hike expectations and reassessed the UK’s economic outlook.
With yields retreating and policymakers pushing back against tightening bets, Sterling faces growing downside risks, especially as the European Central Bank turns more alert to inflation pressures.
GBP/EUR Forecasts: BoE protest
MUFG...
CATEGORIES: Pound Euro Forecasts
GBP/USD Forecast: Pound Sterling Rebounds but US Dollar Supported by Strong Jobs
6 Apr 2026 at 9 PM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Pound Sterling Rebounds but US Dollar Supported by Strong Jobs
The Pound US Dollar (GBP/USD) exchange rate dropped sharply last week after comments from US President Donald Trump reignited market concerns over the conflict in the Middle East.
At the time of writing, GBP/USD was trading at 1.32367, up 0.38% on the day as markets stabilised following last week’s volatility.
The US Dollar rallied sharply late last week, rebounding as investor sentiment soured following fresh comments...
CATEGORIES: Pound Dollar Forecasts