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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 12:34:31 Dollar Pound Rate »
USD/GBP -0 Days Low Days High Last Daily
0.80304 -0.54% 0.80179 0.80765 0.80738

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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Pound Sterling (GBP) to US Dollar (USD) Falls as Hard Brexit Concerns Continue to Weigh

28 Dec 2016 at 2 PM - Written by Toni Johnson

The Pound to US Dollar exchange rate fell swiftly when UK markets reopened on Wednesday following the long holiday weekend, as a lack of fresh supporting factors for GBP left the currency weak. GBP/USD lost around two cents in value last week and settled on the level of 1.2278. While it trended flatly amid quiet trade earlier this week, it...

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GBP USD Exchange Rate Slides as Public Borrowing Skyrockets

21 Dec 2016 at 11 AM - Written by Toni Johnson

The GBP USD exchange rate continued to slide today as the latest figures for Public Sector Borrowing accelerated faster than expected. Pound US Dollar (GBP USD) Falls as Borrowing Rises The Pound US Dollar (GBP USD) exchange rate fell this morning following the release of the public borrowing report showing that the UK government was...

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Brexit Speculation and Fed Rate Hike Expectations Weigh on GBP USD Exchange Rate

20 Dec 2016 at 4 PM - Written by Minesh Chaudhari

Worries over the government’s approach to Brexit have limited the appeal of the Pound (GBP) once again, with investors concerned by Prime Minister Theresa May’s continued reticence over revealing more of her strategy to Parliament. GBP Exchange Rates Trended Lower Despite Bullish Retail Sales Data Although the CBI retail sales index...

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Lasting Fed Optimism Pushes GBP USD to One-Month Low

20 Dec 2016 at 1 PM - Written by Frank Davies

The Pound to US Dollar exchange rate slumped on Monday and extended losses as the week continued. A lack of strong new UK ecostats meant there was little reason for investors to buy into the British currency this week and the Fed-strengthened USD was in fashion. GBP/USD began the week at the level of 1.2490 but dived to 1.23 – its lowest...

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Pound Sterling (GBP) to Euro (EUR) Fluctuates Flatly on Bank of England (BoE) Disappointment

16 Dec 2016 at 10 AM - Written by Tim Boyer

The Pound to Euro exchange rate saw little change in movement on Friday as investors continued to react to Thursday’s disappointing Bank of England (BoE) meeting and the latest Brexit news. Meanwhile, the Euro recovered from its lows against the US Dollar. GBP/EUR began the week at the level of 1.1905. After hitting a weekly high of...

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GBP ZAR Exchange Rate Slides after BoE Revises Inflation Prediction

15 Dec 2016 at 3 PM - Written by Minesh Chaudhari

The Pound to South African Rand exchange rate spiked again on Friday afternoon as American markets opened and investors once again went bullish on the US Dollar due to the Fed’s 2017 rate hike outlook. GBP/ZAR is likely to register modest gains this week overall, but the Pound’s weakness on the week’s Bank of England (BoE) news...

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