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Daily Exchange Rate Forecasts & Currency News

Pound Dollar forecast - GBP USD

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

LIVE EXCHANGE RATE 03:24:35 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.25629 +0.04% 1.25579 1.25683 1.25579

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...

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GBP USD Exchange Rate Crashes as Traders Wake Up to Harsh Brexit Realities

14 Mar 2017 at 1 PM - Written by Frank Davies

In spite of some disappointing UK wage growth figures the Pound to US Dollar exchange rate was trading bullishly on Wednesday morning. Some measure of confidence in Sterling was inspired by an unexpected dip in the ILO unemployment rate, which fell to its lowest level since 1975 at just 4.7%. [Previously updated 14/03/2017] GBP...

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UK PMIs Fall on all Fronts, USD GBP Exchange Rate Rises

3 Feb 2017 at 11 AM - Written by James Fuller

Gains Recorded in USD GBP Exchange Rate as Major January Jobs Stats Approach The US Dollar has risen by 0.3% against the Pound today, following the news that Donald Trump is planning to start the repeal process on the Dodd Frank regulations for mortgages and lending. While this might cause significant difficulties in the long-term, the...

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US Dollar to British Pound Exchange Rate Forecast Advances amid Trump Jitters

30 Jan 2017 at 2 PM - Written by Ben Hughes

The US Dollar to British Pound exchange rate plunged on Tuesday afternoon as the Pound strengthened while the US Dollar was undermined by the latest Trump jitters and US economic concerns. Tuesday afternoon’s US consumer confidence results from January disappointed investors, falling to 111.8 despite being predicted to come in at a...

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Pound Sterling (GBP) to US Dollar (USD) Trends Near 31-Year-Lows This Week

11 Jan 2017 at 11 AM - Written by Toni Johnson

The Pound to US Dollar exchange rate slipped from its best levels on Thursday afternoon and fell below the week’s opening levels once again. Sterling became jittery as it was confirmed that UK Prime Minister Theresa May would hold her major Brexit speech next Tuesday. Markets fear May will confirm that she will not be seeking single...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Dollar Forecasts

Surging UK Manufacturing Activity Pushes GBP/USD Exchange Rate Higher

3 Jan 2017 at 10 AM - Written by Tim Boyer

The Pound to US Dollar exchange rate continued its modest recovery attempt on Wednesday afternoon but if the evening’s Fed minutes report impresses traders it may give up its gains quickly. Thursday will see the publication of UK and US services and composite PMIs, from Markit and ISM respectively. UK services PMI in particular could...

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GBP USD Exchange Rate Slides to Six-Week Low Following GDP Report

23 Dec 2016 at 3 PM - Written by Minesh Chaudhari

The GBP USD exchange rate continued to downtrend today as markets were concerned about a potential decline in UK growth next year despite a positive GDP report in the third quarter. Pound US Dollar (GBP USD) Falls over Concerns for UK Growth The Pound US Dollar (GBP USD) exchange rate is likely to end the week around two cents lower...

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How Does the Fed’s Policy Decision Affect Global Currency Forecasts?

14 Dec 2016 at 5 PM - Written by Frank Davies

The Federal Reserve’s Wednesday policy decision continued to have a strong effect on global foreign exchange markets on Thursday afternoon. Demand for risk-correlated currencies like the Australian Dollar and New Zealand Dollar remained limited, while the US Dollar continued to surge against rivals with a close negative correlation like...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Exchange Rate: 'Mid 1.26s More of Less Pivotal for GBP Now'

7 Dec 2016 at 12 PM - Written by Frank Davies

The end-of-week session finds the pound to dollar exchange rate modestly higher on the day at 1.26038. Where next for GBP/USD in short-term outlook? "Cable’s mid-week slide failed to generate any real follow through and the market remains essentially range bound between 1.25/1.29." note Scotiabank in their daily report to...

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US Dollar (USD) to Australian Dollar (AUD) Fluctuates before Jobs Data

30 Nov 2016 at 12 PM - Written by Ben Hughes

USD/AUD slipped at the beginning of this week, falling from 1.3430 to hover above the level of 1.3350. The pair neared a weekly high of 1.3450 on Tuesday but slipped once more and still trends within this relatively narrow region. Today’s US Dollar exchange rates are displayed below: US Dollar (USD) Struggles to Benefit...

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