Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
GBP/USD Forecast: Pound Sterling Lacks Momentum Ahead of US Jobs
2 Feb 2026 at 9 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Lacks Momentum Ahead of US Jobs
The Pound to US Dollar exchange rate (GBP/USD) traded in a narrow range on Monday, with an upbeat revision to the UK’s final manufacturing PMI failing to generate meaningful momentum for Sterling.
At the time of writing, GBP/USD was trading at $1.3699, edging only marginally above opening levels as markets largely shrugged off the data.
The US Dollar (USD) was broadly steady at the start of the week, pausing after the...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Rate Holds Near €1.15 on Strong UK PMI
2 Feb 2026 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Holds Near €1.15 on Strong UK PMI
The Pound to Euro exchange rate (GBP/EUR) opened the week on a firmer footing, drawing modest support from stronger-than-expected UK manufacturing data.
At the time of writing, GBP/EUR was trading close to €1.1549, edging higher from Monday’s opening levels and holding near recent highs.
The Pound (GBP) attracted support after the release of the UK’s latest manufacturing PMI figures. Finalised January data showed...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: Fed Credibility Tested as EUR/USD Volatility Surges
2 Feb 2026 at 9 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: Fed Credibility Tested as EUR/USD Volatility Surges
The Euro to Dollar exchange rate (EUR/USD) has swung sharply around the 1.20 level as markets grapple with Federal Reserve credibility, political pressure on monetary policy, and the fallout from Kevin Warsh’s expected nomination as the next Fed Chair.
While the move briefly stabilised the dollar after a 55-month EUR/USD high, investors remain wary that lingering policy uncertainty could reignite dollar...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Week Ahead Forecast: 1.40 Back in Focus
2 Feb 2026 at 7 AM - Written by Ben Hughes
STORY LINK Pound to Dollar Week Ahead Forecast: 1.40 Back in Focus
The Pound to Dollar exchange rate (GBP/USD) has seen a dramatic surge in volatility after racing to four-year highs above 1.38 before pulling back sharply as the US dollar attempted to stabilise.
Conflicting signals over US currency policy, Federal Reserve independence and the nomination of Kevin Warsh as the next Fed Chair have left markets sharply divided on whether GBP/USD is heading for 1.40 or a deeper...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Week Ahead Forecast: GBP Resilient, EUR Structural Edge
2 Feb 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: GBP Resilient, EUR Structural Edge
The Pound to Euro exchange rate (GBP/EUR) is holding near 1.1540, but major banks warn that strong underlying euro demand driven by de-dollarisation flows and weaker UK fundamentals could push the pair sharply lower in the coming months.
GBP/EUR Forecasts: Euro power?
Nomura is forecasting renewed Pound to Euro (GBP/EUR) exchange rate losses over the next few months with a target of 1.1170 by the end of April.
BNP...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast 2026: USD Rebounds as Warsh Pick Halts GBP Rally
1 Feb 2026 at 10 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast 2026: USD Rebounds as Warsh Pick Halts GBP Rally
The Pound to Dollar exchange rate (GBP/USD) has retreated from 4-year highs after the dollar staged a rebound on speculation that Kevin Warsh will be nominated as the next Federal Reserve Chair, easing fears over political interference and triggering sharp position unwinds across FX and precious metals.
GBP/USD Forecasts: Retreat from 4-Year Highs
The dollar has been under strong pressure for much of the week, but staged...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Forecast: GBP Resistance as Banks Warn on UK Yield Pressure
30 Jan 2026 at 4 PM - Written by Tim Boyer
STORY LINK Pound to Euro Forecast: GBP Resistance as Banks Warn on UK Yield Pressure
The Pound to Euro exchange rate (GBP/EUR) has pushed toward four-month highs near 1.1560, but upside momentum is starting to stall as traders turn their focus to the UK bond market and rising gilt yields.
While higher yields can offer short-term carry support for Sterling, banks warn they also raise the risk of renewed volatility and political pressure, leaving GBP/EUR vulnerable if bond market stresses...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: Potential Near-term GBP Consolidation
30 Jan 2026 at 3 PM - Written by Frank Davies
STORY LINK Pound Sterling to Dollar Forecast: Potential Near-term GBP Consolidation
The Pound to Dollar exchange rate (GBP/USD) has pulled back to around 1.3730 after failing to sustain four-year highs above 1.3850, as a sharp reversal in gold, silver and global equities triggered a bout of defensive dollar demand.
While the move has cooled Sterling’s momentum, banks remain cautious about calling a durable dollar recovery amid lingering concerns over Federal Reserve independence and fading safe-haven...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Reclaims Ground Above $1.38
29 Jan 2026 at 8 PM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Pound Sterling Reclaims Ground Above $1.38
The Pound to US Dollar exchange rate (GBP/USD) edged higher on Thursday, with the pairing moving back towards the four-year high reached earlier in the week.
At the time of writing, GBP/USD was trading near $1.3844, up roughly 0.2% from the start of Thursday’s session.
The US Dollar (USD) remained on the back foot at the beginning of European trade on Thursday, extending a late-session retreat from the previous...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Rate "Treads Water" as Sentiment Signals Clash
29 Jan 2026 at 7 PM - Written by Frank Davies
STORY LINK Pound to Euro Rate "Treads Water" as Sentiment Signals Clash
The Pound to Euro exchange rate (GBP/EUR) struggled to find direction on Thursday as markets assessed the Eurozone’s latest economic sentiment figures.
At the time of writing, GBP/EUR was trading at €1.1541, little changed from its opening levels.
The Pound (GBP) struggled to find its footing during a quiet week for UK markets, with a thin domestic data calendar and an absence of notable political or economic...
CATEGORIES: Pound Euro Forecasts