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Pound Dollar forecast - GBP USD

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

LIVE EXCHANGE RATE 06:21:32 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.27405 -0.04% 1.27392 1.27549 1.27450

GBP USD Exchange Rate Strengthens as Brexit Talks Set to Begin

19 Jun 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate rallied at the start of the European session this morning as investors appeared unusually optimistic at the start of formal Brexit negotiations. Investor Optimistic as Brexit Talks Get Underway At the time of writing Sterling is up by around 0.15% against the US Dollar today as markets seem...

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USD GBP Exchange Rate Falls as Potentially Explosive Congress Hearing Approaches

13 Jun 2017 at 3 PM - Written by Toni Johnson

The US Dollar has fallen against the Pound today, ahead of the second high-stakes congressional hearing in two weeks. Following the non-event of former FBI Director James Comey last week, today’s testimony will be from Attorney General Jeff Sessions. Sessions is facing questions from key Democrat and Republican figures, who will be...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts

GBP to USD Exchange Rate Benefits from Bets of Conservative Win

6 Jun 2017 at 12 PM - Written by John Cameron

Forex markets continue to be generally confident that the Conservative party will win a comfortable majority in this week’s upcoming UK general election, which has helped the Pound to US Dollar exchange rate to strengthen. After a brief dip to 1.2857 on Monday morning, GBP/USD has advanced and on Tuesday morning the pair touched on a...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Trending Narrowly ahead of FOMC Meeting Minutes

24 May 2017 at 4 PM - Written by Toni Johnson

The Pound Sterling to US Dollar exchange rate is currently stuck around opening levels as markets await the key US Federal Open Market Committee (FOMC) meeting minutes. The accounts of the May 3rd policy meeting will give an indication into the outlook of policymakers on the US economy and monetary policy. Should FOMC members exhibit a...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Trades at 7-Month High despite Slowing UK Growth

28 Apr 2017 at 2 PM - Written by Frank Davies

With UK GDP failing to support Sterling, the UK currency has instead risen on a Bank of America Merill Lynch (BAML) forecast upgrade. This has pushed the Pound to 1.29 against the US Dollar. In a note to clients, BAML Currency Analyst Kamal Sharma said; ‘The announcement of a June 8th general election was a game-changing event for...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

GBP USD Exchange Rate Ticks Up on US Uncertainty over Taxes

24 Apr 2017 at 2 PM - Written by Ben Hughes

The Pound’s small advance against the US Dollar today follows a Confederation of British Industry (CBI) report on manufacturing and business optimism. The CBI’s data shows manufacturing orders to be growing at their fastest pace in six years, while orders from outside the European Union were the highest ever. The cloud to the silver...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

USD to GBP Exchange Rate Slumps after UK General Election Announced

19 Apr 2017 at 1 PM - Written by Ben Hughes

Tuesday saw major losses in the US Dollar to British Pound exchange rate as investors poured into the Pound following a surprise announcement that a UK general election would be held on the 8th of June. USD/GBP opened this week at the level of 0.7985 and has since plunged to a 2017 low of 0.7778. This was the pair’s lowest level since...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Flat after Trump Calls USD Overvalued

13 Apr 2017 at 12 PM - Written by Toni Johnson

The Pound Sterling to US Dollar exchange rate is stuck around opening levels of 1.2541 today, as weak UK housing market data clashes with market aversion to USD. GBP Holds Firm despite Housing Market Data Weakness The latest house price balance from the Royal Institution of Chartered Surveyors (RICS) may have held steady at 22%, but...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Drops as Confidence Returns to US Traders

28 Mar 2017 at 4 PM - Written by James Fuller

The British Pound to US Dollar exchange rate edged up from its weekly lows on Wednesday afternoon, but may be unable to sustain any recovery as the Pound’s volatility worsened following the activation of Article 50. The afternoon’s US house prices data was optimistic which supported the US Dollar. Analysts predict the Pound’s...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts

GBP USD Exchange Rate Trended Higher After Bullish Retail Sales

23 Mar 2017 at 4 PM - Written by Ben Hughes

An unexpectedly sharp uptick in UK retail sales helped to boost the Pound US Dollar exchange rate, giving investors fresh reason to pile into Sterling. GBP Boosted by Strong Retail Sales Sales were found to have leapt 1.4% on the month in February, making up for January’s -0.5% contraction. This offered fresh evidence that...

CATEGORIES: Pound Dollar Forecasts