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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 13:03:10 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.28792 +0.06% 1.28504 1.28991 1.28719

GBP USD Exchange Rate Under Pressure as UK Inflation Fails to Accelerate

15 Aug 2017 at 1 PM - Written by Frank Davies

Investors were not impressed by the latest UK consumer price index data, leaving the Pound US Dollar exchange rate on a sharp slump. As inflation unexpectedly held steady at 2.6% on the year in July this further undermined bets that the Bank of England (BoE) could still raise interest rates before the end of the year. Signs continued to...

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GBP to USD Exchange Rate Investors Await US Inflation Results

11 Aug 2017 at 11 AM - Written by Tim Boyer

Despite strong demand for ‘safe haven’ currencies this week, the British Pound to US Dollar exchange rate has only seen modest losses. The pair could see a stronger shift in movement when US inflation results are published. After opening this week at the level of 1.3037, GBP/USD slipped slightly and has trended near a three-week-low of...

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GBP to USD Exchange Rate Sheds Week’s Gains Ahead of US NFP Report

4 Aug 2017 at 12 PM - Written by Minesh Chaudhari

Despite broad US Dollar weakness lately, the British Pound to US Dollar exchange rate shed its weekly gains on Thursday as investors reacted to the latest Bank of England (BoE) news and awaited Friday’s key US data. The pair currently trends near the week’s opening levels of 1.3132, but as recently as yesterday GBP/USD hit a fresh 2017...

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GBP/USD Rises on ‘Super Thursday’ After Services PMI Beats Forecasts

3 Aug 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate has struck a fresh 11-month high today in anticipation of the upcoming Bank of England (BoE) releases. GBP/USD is trading at $1.3251, supported also by a stronger-than-expected uptick in the UK’s latest services PMI. Britain’s dominant sector saw the purchasing manager’s index from...

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GBP to USD Exchange Rate Slips as ‘Greenback’ Recovers

31 Jul 2017 at 4 PM - Written by John Cameron

While bets that the Federal Reserve will hike US interest rates again before the end of 2017 have fallen, the British Pound to US Dollar exchange rate slipped on Monday as investors bought the US Dollar after poor performance last week. Due largely to US Dollar weakness, GBP/USD advanced from 1.2994 to 1.3132 during last week’s trade. ...

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GBP USD Exchange Rate Under Pressure Ahead of Second Quarter US GDP

28 Jul 2017 at 10 AM - Written by David Woodsmith

Some of the air went out of the Pound US Dollar exchange rate’s sails in the wake of a disappointing UK GfK consumer confidence index, which edged deeper into negative territory. Clocking in at -12 the survey returned to the lows seen in the immediate wake of the Brexit vote, with consumers showing increased concern over their finances...

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GBP USD Exchange Rate Dips on Worrying UK GDP Figures

26 Jul 2017 at 12 PM - Written by John Cameron

The Pound US Dollar (GBP USD) exchange rate continues to slide this morning as the UK’s GDP figures did little to bolster confidence in the UK economy. Lacklustre UK GDP Appears to Confirm Economic Slowdown Sterling struggled to repel the US Dollar’s advance this morning as the first estimate of the UK’s second quarter GDP was...

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GBP to USD Exchange Rate Recovers as Federal Reserve Rate Hike Bets Remain Weak

24 Jul 2017 at 1 PM - Written by John Cameron

Despite poor UK ecostats last week, the British Pound to US Dollar exchange rate began to recover on Monday. This was largely due to ‘Greenback’ weakness, as investors increasingly doubt the Federal Reserve will hike US interest rates a third time before the end of 2017. Last week saw GBP/USD briefly hit a 2017 high of 1.3119 before...

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GBP USD Update: Continued US Uncertainty Drags US Dollar Down

21 Jul 2017 at 3 PM - Written by Toni Johnson

The Pound has pushed through negative UK news today, advancing by 0.2% against the US Dollar. GBP News: Sterling Recovers after Trader Panic on Government Borrowing The Pound has been on a rollercoaster ride today, initially trading around 1.2962 against the US Dollar due to concerns about public sector borrowing. In June, the...

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USD GBP Exchange Rate Rises during Ongoing Obamacare Troubles

19 Jul 2017 at 3 PM - Written by Toni Johnson

The latest news in the US has been that Republican efforts to repeal the Affordable Care Act (ACA) have stumbled. Rising US Homebuilding Triggers USD GBP Advance Despite the limiting factor of political issues, the US Dollar has made a gain against the Pound today. This comes after a rise in US building permits and housing...

CATEGORIES: Pound Dollar Forecasts