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

GBP to DKK Exchange Rate Struggles Near 2-Month-Worst as No-Deal Brexit Threat Worsens

7 Dec 2020 at 4 PM - Written by Tim Boyer

Hopes for a Brexit deal to be reached within hours or days have seemingly unravelled for now, as December draws on without a Brexit deal being reached, knocking the British Pound to Danish Krone (GBP/DKK) exchange rate lower. The Danish Krone is pegged to the Euro (EUR), meaning that it is gaining alongside the Euro as the shared currency...

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GBP/EUR Exchange Rate Rangebound as Brexit Continues to Dominate

4 Dec 2020 at 2 PM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate is rangebound so far after recovering quickly from losses this morning. At the time of writing the GBP/EUR exchange rate is currently trading at around €1.1082. Pound (GBP) At Risk as Brexit Talks Thrown into Further Turmoil The Pound (GBP) opened today’s session with losses, though quickly...

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Pound to US Dollar (GBP/USD) Exchange Rate Rises on Cautious Brexit Optimism

1 Dec 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Rises as UK Brexit Talks Enter Crucial Stretch The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.337. Sterling has benefited from cautious optimism over Brexit, after the UK Foreign Secretary Dominic Raab said that there is a case for a post-Brexit trade...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Slips as UK Economy Begins an ‘Emergency’ Period says Chancellor

25 Nov 2020 at 4 PM - Written by John Cameron

GBP/SEK Exchange Rate Falls as UK Economic Outlook Darkens The Pound to Swedish Krona (GBP/SEK) exchange rate slipped today, with the pairing currently trading around 11.385kr. Sterling fell today following remarks from Chancellor Rishi Sunak, who warned that the UK economy was at the beginning of an ‘emergency’ as Covid-19 and Brexit...

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GBP to SEK Exchange Rate Gives Up Gains as Growth Fears Knocks Sterling

12 Nov 2020 at 3 PM - Written by Tim Boyer

Despite surging coronavirus cases in Sweden, the British Pound to Swedish Krona (GBP/SEK) exchange rate is falling today. Investors are selling the Pound in response to concerns over Britain’s concerning economic outlook for the winter, while the Swedish Krona is benefitting from rising trade sentiment amid this week’s coronavirus vaccine...

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Pound Swedish Krona (GBP/SEK) Exchange Rate Steady as Covid-19 Vaccine Hopes Buoy Sterling

11 Nov 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Covid-19 Vaccine Hopes Buoy Confidence in UK Economic Recovery The Pound Swedish Krona held steady today, with the pairing currently fluctuating around 11.422kr. Sterling has continued to benefit from news from Pfizer, the pharmaceutical company which announced that it had achieved a 90% success rate in its Covid-19...

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Pound to Swedish Krona (GBP/SEK) Exchange Rate Sinks on Hopes for Swedish Economy

27 Oct 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Dips as Sweden Could Avoid Brunt of Second-Wave The Pound to Swedish Dollar (GBP/SEK) exchange rate dipped today, with the pairing currently trading around 11.361kr. The Swedish Krona (SEK) rose against Sterling today on growing hopes that Sweden could avoid the brunt of a second-wave of a Covid-19 lockdown....

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Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as Covid-19 Vaccine Hopes Buoy Safe-Haven Currencies

13 Oct 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Sinks as US Political Uncertainties Fade The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.4% today, with the pairing currently fluctuating around R21.466. The South African Rand (ZAR) has benefited from risk-on markets today with Goldman Sachs saying that there’s a strong chance for the US...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Rangebound as Concerns Grow Over Sweden’s Economy

5 Oct 2020 at 3 PM - Written by John Cameron

GBP/SEK Exchange Rate Steady as Sweden’s Economic Slump ‘Won’t Be Over Until 2023’ The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today, with the pairing currently trading around 11.546kr. The Swedish Krona (SEK) held steady today despite news that Sweden’s economy could shrink less-than-expected in 2020....

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Pound to Danish Krone (GBP/DKK) Exchange Rate Rangebound as Bank of England Cools Negative Interest Rate Fears

22 Sep 2020 at 4 PM - Written by John Cameron

GBP/DKK Exchange Rate Steady as UK Government Announces New Covid-19 Restrictions The Pound to Danish Krone (GBP/DKK) exchange rate held steady today, with the pairing currently trading around 8.109kr. Sterling benefited from the playing down of negative interest rates from Bank of England’s (BoE) Governor Andrew Bailey today. As a...

CATEGORIES: Pound Sterling Forecasts