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A round up of the latest Pound Sterling forecast news items from the Currency News desk.

Pound Sterling (GBP) to Japanese Yen (JPY) Drops to Lowest Level Since November on Brexit Fears

9 Jan 2017 at 1 PM - Written by John Cameron

The Pound to Japanese Yen exchange rate continued to trend poorly throughout Tuesday’s European session but held above the week’s worst levels in the afternoon. This was partially due to the week’s GBP bearishness fading, but also hope from investors that the opposition Labour party would help the case for Tory backbenchers after...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Strong UK Data Doesn't Prevent GBP AUD Losses

5 Jan 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate continued to plunge on Friday afternoon as risk-sentiment remained strong despite an increase in demand for the US Dollar. If prices of iron ore begin to fall in the coming week as many forecasters believe it will, the Australian Dollar could be undermined and GBP/AUD could register some solid...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Sterling Forecasts

GBP USD Exchange Rate Slides as Public Borrowing Skyrockets

21 Dec 2016 at 11 AM - Written by Toni Johnson

The GBP USD exchange rate continued to slide today as the latest figures for Public Sector Borrowing accelerated faster than expected. Pound US Dollar (GBP USD) Falls as Borrowing Rises The Pound US Dollar (GBP USD) exchange rate fell this morning following the release of the public borrowing report showing that the UK government was...

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Brexit Speculation and Fed Rate Hike Expectations Weigh on GBP USD Exchange Rate

20 Dec 2016 at 4 PM - Written by Minesh Chaudhari

Worries over the government’s approach to Brexit have limited the appeal of the Pound (GBP) once again, with investors concerned by Prime Minister Theresa May’s continued reticence over revealing more of her strategy to Parliament. GBP Exchange Rates Trended Lower Despite Bullish Retail Sales Data Although the CBI retail sales index...

CATEGORIES: Dollar Pound Forecasts Pound Sterling Forecasts

Lasting Fed Optimism Pushes GBP USD to One-Month Low

20 Dec 2016 at 1 PM - Written by Frank Davies

The Pound to US Dollar exchange rate slumped on Monday and extended losses as the week continued. A lack of strong new UK ecostats meant there was little reason for investors to buy into the British currency this week and the Fed-strengthened USD was in fashion. GBP/USD began the week at the level of 1.2490 but dived to 1.23 – its lowest...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts

Strike Action Sends UK Confidence Plummeting, GBP AUD Exchange Rate Dips

19 Dec 2016 at 4 PM - Written by Tim Boyer

The Pound to Australian Dollar exchange rate continued to trend with a downside bias on Tuesday afternoon, edging lower due to the latest Brexit comments from UK Prime Minister Theresa May. While the ‘Aussie’ remained weak on leftover risk-off movement from the Federal Reserve’s hawkishness, Sterling was the weaker currency on...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Sterling Forecasts

Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

13 Dec 2016 at 3 PM - Written by Frank Davies

GBP AUD Exchange Rate Firmed by Unexpected Rise in UK Inflation The Pound has been in demand against the Australian Dollar today, thanks to the earlier UK inflation rate figures for November rising above forecasts. While an advance from 0.9% to 1% on the year had been predicted anyway, the annual rise to 1.2% turned the Pound bullish...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Sterling Forecasts

UK Trade Deficit Shows Sharp Reduction, Pound US Dollar Exchange Rate Returns to Form

9 Dec 2016 at 11 AM - Written by Frank Davies

Pound US Dollar Exchange Rate Climbs after Better-than-Expected UK Trade Result Sterling has managed to gain against the US Dollar today, equating to a GBP USD exchange rate of 1.26. The latest UK data has facilitated this rise in GBP’s value, with the October trade balance showing a sizable reduction in the deficit from -5.81bn to...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Sterling Forecasts

GBP USD Exchange Rate Volatile over New 'Brexit' Concerns

8 Dec 2016 at 3 PM - Written by James Fuller

The GBP USD exchange rate has been meet by increased volatility today, fluctuating by around half a cent as 'Brexit' concerns weighed on the Pound. Pound US Dollar (GBP USD) Pressured by 'Brexit' Concerns The Pound US Dollar (GBP USD) exchange rate fell this afternoon as it was reported that some major banks are making plans to move...

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ECB Decision Sends Pound to Euro Exchange Rate to 1.1189, Will GBP/EUR Hold Here?

8 Dec 2016 at 2 PM - Written by Ben Hughes

Pound Euro Exchange Rate Rally Extends Article 50 Best After Draghi's Policy Change Interpreted as Taper The Pound to Euro exchange rate today (09/12/16): 1.18765.The Euro to Pound exchange rate today: 0.84200 The Pound Euro exchange rate has risen considerably today, advancing from a daily low of 1.16 to a new high of 1.18. UK news...

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