Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Sterling forecast page 2 - gbp pound sterling pound sterling

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

Pound Sterling Higher Against Euro and Dollar on Sticky UK Inflation

16 Jul 2025 at 8 AM - Written by Frank Davies

The Pound Sterling rose against the Euro (EUR) and US Dollar (USD) following the release of higher-than-expected UK inflation, although it still struggled to make significant headway. The Pound to Dollar exchange rate (GBP/USD) edged above 1.3400 from just below that level ahead of the release and is still close to 3-week lows. The...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Dips Against Euro and Dollar on Weak UK GDP

11 Jul 2025 at 9 AM - Written by Ben Hughes

The Pound to Dollar (GBP/USD) exchange rate dipped to just below 1.3540 from above 1.3560 with the Pound to Euro (GBP/EUR) exchange rate back below the 1.1600 level from 1.1615. UK GDP contracted 0.1% for May compared with consensus forecasts of 0.1% growth for the month and followed the April decline of 0.3%. The services sector...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Dips vs Euro and Dollar on 6-3 Vote, August Cut Done Deal

20 Jun 2025 at 10 AM - Written by Frank Davies

The Pound lost ground against the Euro and the US Dollar after the latest Bank of England (BoE) interest rate decision. The decision was in line with strong expectations, but the vote split boosted confidence further in an August rate cut and Sterling lost ground. The Pound to Dollar (GBP/USD) exchange rate dipped to near 1.3400...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling RALLIES Against Euro, US Dollar on Trump EU 50% Tariff Threat

23 May 2025 at 3 PM - Written by Ben Hughes

UPDATE: The Pound Sterling has risen against both the Euro and the U.S. Dollar ahead of the weekend after President Trump triggered another spasm of market fear surrounding trade tariffs. The FTSE 100 declined on Friday, tracking a broader market sell-off after US President Donald Trump announced plans to impose 50% trade tariffs on...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling "a Buy" vs Euro and Dollar on UK Inflation Beat

21 May 2025 at 8 AM - Written by Tim Boyer

The Pound Sterling rose against the Euro and US Dollar on Wednesday morning after headline UK inflation rose by almost a full percentage point to 3.5% between March and April . US Dollar weakness had provided the British Pound with a firm tailwind in Asian trading on Wednesday and stronger-than-expected UK inflation data triggered a...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Mixed vs Euro and Dollar on UK-EU Brexit Reset Deal

19 May 2025 at 2 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate has again been unable to break above the 1.1900 level and failed to take advantage of a UK-EU deal to trade around 1.1875. Despite initial disappointment, the bank still sees scope for GBP/EUR to break above the 1.1900 level. Weaker equity markets have also undermined the Pound with the FTSE...

CATEGORIES: Pound Sterling Forecasts

GBP/EUR Forecast: Pound Sterling "Muted" vs Euro Despite UK GDP Beat

15 May 2025 at 8 AM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Thursday despite UK GDP data beating forecast in March. Official data released by the ONS showed the UK economy grew 0.2% in March from February, compared to the 0.0% that economists had predicted. At the time of writing, the GBP/EUR was trading at around €1.1877,...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

Pound Sterling Rises vs Euro, Dollar on Surprise UK GDP Beat

15 May 2025 at 8 AM - Written by Ben Hughes

The British Pound Sterling edged higher against the Euro and U.S. Dollar after the latest UK GDP data was stronger than expected, underpinning confidence in the near-term outlook. The data boosted GBP exchange rates, although risk appetite was slightly less favourable, which curbed the potential for further Sterling buying. The...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Jumps vs Euro, Dollar on UK-US Trade Deal News

8 May 2025 at 9 AM - Written by David Woodsmith

The Pound jumped higher against the Euro and U.S. Dollar in Asian trading on Thursday following reports that the US and UK would announce a trade deal later in the day. The Pound to Dollar (GBP/USD) exchange rate surged to just above 1.3350 with the Pound to Euro (GBP/EUR) exchange rate advancing to 1.1785. GBP/USD dipped back below...

CATEGORIES: Pound Sterling Forecasts

BoE Preview: Here are the Key Pound Sterling Forecasts

7 May 2025 at 2 PM - Written by David Woodsmith

The Bank of England (BoE) Monetary Policy Committee (MPC) will announce its policy decision on Thursday. Market expectations for future rate cuts will be crucial for the Pound’s reaction. According to MUFG; “A more dovish policy update from the BoE poses downside risks for the GBP and could deliver a setback after the recent...

CATEGORIES: Pound Sterling Forecasts