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Dollar Pound forecast - USD GBP

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

LIVE EXCHANGE RATE 20:27:35 Dollar Pound Rate »
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UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

15 Feb 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday...

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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...

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USD Recovers from Lows, GBP to USD Exchange Rate Slips

6 Feb 2017 at 1 PM - Written by John Cameron

The British Pound to US Dollar exchange rate continued to trend at its worst levels in over a week on Tuesday afternoon due to the hawkishness of Federal Reserve officials and the latest Brexit concerns. GBP/USD slightly held away from its weekly lows towards the end of the day’s European session thanks to comments from Bank of England...

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Pound to US Dollar Exchange Rate Trends Lower Despite Steady UK GDP on Brexit Volatility

26 Jan 2017 at 3 PM - Written by Ben Hughes

The British Pound to US Dollar exchange rate plunged on Friday afternoon despite lower demand for the US Dollar, as UK markets took profit from the Pound’s weekly gains before the end of the week’s European session. Investors were especially anxious about how the first diplomatic meeting between UK Prime Minister Theresa May and US...

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Surprise Drop in German Confidence sees EUR GBP Exchange Rate Dip

25 Jan 2017 at 11 AM - Written by Ben Hughes

The Euro to Pound exchange rate performed poorly on Thursday afternoon, as investors became concerned about the long-term health of the Euro project. As markets feared that the Eurozone would not recover as quickly as hoped and the Euro may also see damage in the next 18 months, EUR/GBP failed to capitalise on the day’s weak...

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Large Losses for GBP USD Rate, Supreme Court Decision sees Scottish Referendum Fears Return

24 Jan 2017 at 5 PM - Written by Ben Hughes

The British Pound to US Dollar exchange rate saw a solid improvement on Wednesday as Sterling benefitted from news that the UK government would soon publish a ‘white paper’ report on its Brexit plan for MPs to scrutinise ahead of the planned Article 50 vote. Demand for the US Dollar also remained weak as the US Trump administration...

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Concerning UK Trade Data Sends GBP USD Reeling

11 Jan 2017 at 11 AM - Written by Ben Hughes

The Pound to US Dollar exchange rate fell from its best levels since Monday on Thursday afternoon as Sterling was weakened once more by the latest Brexit jitters. Investors became anxious and jittery on the Pound as it was finally confirmed when UK Prime Minister Theresa May would hold high highly anticipated Brexit speech. Though the...

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PM May Fails to Calm Panicked Markets, Pound US Dollar Suffers

10 Jan 2017 at 2 PM - Written by Tim Boyer

The Pound to US Dollar exchange rate plummeted on Wednesday afternoon, as US markets opened and traders became jittery as US President-elect Donald Trump held his first press conference since being elected. Investors are anxious ahead of the beginning of the Trump Presidency amid high uncertainty about the unorthodox President, but hopes...

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UK Data Helps Pound US Dollar Exchange Rate Recover from Lows

4 Jan 2017 at 11 AM - Written by Frank Davies

The Pound to US Dollar exchange rate tested its weekly best levels on Thursday afternoon as the US Dollar was sold ahead of Friday’s session. Friday’s US Non-Farm Payroll report will be the final one before President-elect Donald Trump takes office on the 20th, and as a result is being seen as a vital show of how the job market is...

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USD Weakens, Pound US Dollar Exchange Rate Climbs

30 Dec 2016 at 12 PM - Written by Minesh Chaudhari

The Pound to US Dollar exchange rate fluctuated for most of the week but by Friday the pair was edging above the week’s opening levels. The final trade day of 2016 was largely corrective trading with a lack of fresh driving factors. GBP/USD tested the level of 1.23 on Friday but was largely unable to hold above that level. The exchange...

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