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

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises on Global Trade Turmoil and Lowering Oil Prices

6 Aug 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Edges Higher as Oil Fears Dampen Market Confidence in ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, leaving the pairing fluctuating around CA$1.613. The Canadian Dollar (CAD) fell against many of its competitors today as global trade tensions between the US and China have left...

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Pound Mexican Peso (GBP/MXN) Exchange Rate Soars as MXN Struggles on Heightened Risk Aversion

5 Aug 2019 at 5 PM - Written by John Cameron

GBP/MXN Exchange Rate Rises as Global Trade Tensions Reignite The Pound Mexican Peso (GBP/MXN) exchange rate soared by 1.44% today, leaving the pairing fluctuating around Mex$23.836. The Mexican Peso (MXN) plummeted against the Pound (GBP) following today’s publication of the Mexican consumer confidence figures for July, which fell...

CATEGORIES: Pound Sterling Forecasts

GBP to SEK Exchange Rate Pressured by Brexit Fears and Swedish Services PMI

5 Aug 2019 at 4 PM - Written by Ben Hughes

While the Swedish Krona’s movement was mixed last week, the British Pound to Swedish Krona (GBP/SEK) exchange rate has been unable to continue the recovery rally it saw towards the end of last week. This is because, despite some stronger than expected UK data today, the Pound outlook remains dominated by worsening no-deal Brexit fears while...

CATEGORIES: Pound Sterling Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Sinks as Swedish Manufacturing PMI Stabilises

1 Aug 2019 at 12 PM - Written by John Cameron

GBP/SEK Exchange Rate Falls as UK Manufacturing PMI Remains in Contraction Territory The Pound Swedish Krona (GBP/SEK) fell by -0.5% today, leaving the pairing fluctuating around 11.700Kr. The Swedish Krona (SEK) rose against the Pound (GBP) following the publication of the Swedish Manufacturing PMI for July, which exceeded the forecast...

CATEGORIES: Pound Sterling Forecasts

Pound Turkish Lira (GBP/TRY) Exchange Rate Rises as US-Imposed Sanctions Weigh on Turkish Economy

22 Jul 2019 at 5 PM - Written by John Cameron

GBP/TRY Exchange Rate Edges Higher as Turkey Hits Back on US Sanctions Threat The Pound Turkish Lira (GBP/TRY) exchange rate rose by 0.3% today, leaving the pairing fluctuating around ₺7.097. The Turkish Lira (TRY) has recovered from some of its losses against the Pound (GBP) following Turkish President Erdogan’s firing of the Central...

CATEGORIES: Pound Sterling Forecasts Turkish Lira Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Plummets as No-Deal Fears Return

16 Jul 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Sinks by -0.6% as Tory Leadership Candidates Harden Brexit Stance The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.6% today, leaving the pairing fluctuating around AU$1.7671 on the interbank market. The Pound (GBP) plummeted against many of its competitors today following heightened no-deal Brexit...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies Following Fed Rate Cut Fears

12 Jul 2019 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Rangebound on Dovish US Monetary Policy Forecasts The Pound US Dollar (GBP/USD) exchange rate stabilised this morning, leaving the pairing fluctuating around $1.2533. The US Dollar (USD) steadied against the Pound (GBP) following yesterday’s comments from the US Federal Reserve which seemed to indicate a rate...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as SA Business Confidence Remains Flat

5 Jul 2019 at 12 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on SA Economy Woes The Pound South African Rand (GBP/ZAR) exchange rate rose by 0.2% today and is currently trading around R17.7236 on the interbank market. The South African Rand (ZAR) fell against the Pound (GBP) today despite yesterday’s South African business confidence index figures for June,...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steadies as Australian Retail Sales ‘Bleak’

4 Jul 2019 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Flat as ‘Aussie’ Traders Await Construction Performance Figures The Pound Australian Dollar (GBP/AUD) exchange rate steadied this morning and is currently trading around AU%1.792 on the interbank market. The Australian Dollar (AUD) stabilised against the Pound (GBP) following the Australian retail sales figures...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies as G20 Summit Remains in Focus

28 Jun 2019 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Flat, US Dollar Falls on US-China Trade Deal The Pound US Dollar (GBP/USD) exchange rate held steady this morning and is currently trading around $1.268 on the interbank market. The US Dollar (USD) stabilised against the Pound (GBP) as traders brace for the G20 summit today in Japan, in which President Donald Trump...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts