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

GBP NOK Exchange Rate Trades Tightly after Election Polls Show Falling Conservative Lead

1 Jun 2017 at 1 PM - Written by James Fuller

Over the current week, the Pound has steadily risen against the Krone, climbing from a starting rate of 10.7429 to a high of 10.9029 on Wednesday. Since this peak, however, the Pound has dropped off, trading around 10.8612 today. This recent slide follows an opinion poll that put the Conservatives just 3 percentage points ahead of Labour....

CATEGORIES: Norwegian Krone Forecasts Pound Sterling Forecasts

GBP INR Exchange Rate Extends Gains Despite Scottish Independence Worries

17 Mar 2017 at 4 PM - Written by John Cameron

Following the surprisingly split Bank of England (BoE) vote on interest rates the Pound Sterling to Indian Rupee (GBP INR) exchange rate remained on a stronger footing. BoE Policy Meeting Split Boosted GBP Demand Confidence in the Pound was strongly boosted by the fact that known hawk Kristin Forbes had voted in favour of a 25bpt...

CATEGORIES: Pound Rupee Forecasts Pound Sterling Forecasts

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts Pound Sterling Forecasts

GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

1 Mar 2017 at 1 PM - Written by Frank Davies

The British Pound to US Dollar exchange rate remained near its worst levels since January on Thursday afternoon as the day’s UK construction data was not enough to make the Pound more appealing than the bullish US Dollar. Demand for the US Dollar was also improved by Thursday afternoon’s news that the number of new US jobless claims...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Pound Sterling Forecasts

GBP AUD Exchange Rate Sinks as Second Scottish Referendum on the Cards

27 Feb 2017 at 1 PM - Written by John Cameron

The Pound dropped against the Australian Dollar at the start of trading this morning as Theresa May is reportedly bracing for calls from the Scottish government to hold a second independence referendum. Pound Australian Dollar (GBP AUD) Tumbles as SNP to Call for IndyRef 2 The Pound Australian Dollar (GBP AUD) exchange rate slid by...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound Sterling Forecasts

GBP INR Daily Exchange Rate News: Advance seen ahead of Key UK Inflation Figures

13 Feb 2017 at 4 PM - Written by James Fuller

The British Pound to Indian Rupee exchange rate remained weak throughout Tuesday’s European session as the morning’s UK inflation data disappointed Sterling traders. Strong demand for emerging market currencies like the Indian Rupee remained strong throughout the day, even after Federal Reserve interest rate hike bets improved...

CATEGORIES: Pound Sterling Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Pound Sterling Forecasts