Currency News: UK daily forex news and forecasts

The Pound to Euro (GBP/EUR) exchange rate is holding close to 1.1550, with Sterling struggling for direction as markets brace for crucial policy decisions from the Bank of England and European Central Bank. With interest rates expected to be held steady, attention is firmly on forward guidance and voting splits, as investors assess whether central banks will lean hawkish in response to persistent inflation risks or...

The Pound to Dollar exchange rate (GBP/USD) has edged lower to around 1.3485 after the Federal Reserve held interest rates steady, with markets reacting to a cautious tone and ongoing uncertainty surrounding the Iran situation. Sterling struggled to hold recent highs near 1.36 as the dollar found modest support following a split policy signal from the Fed, while investors remain wary over whether GBP/USD can sustain upside...

The Pound Euro (GBP/EUR) exchange rate traded within a tight range on Wednesday, as markets remained cautious ahead of key interest rate decisions from the Bank of England (BoE) and European Central Bank (ECB). At the time of writing, GBP/EUR was holding around €1.1541, showing little meaningful movement on the day. The Pound (GBP) traded in a narrow range on Wednesday, with limited economic data and a cautious mood...

The Pound US Dollar (GBP/USD) exchange rate weakened on Wednesday as concerns mounted over a sustained disruption to energy exports from the Middle East. At the time of writing, GBP/USD was trading at approximately $1.3496, marking a modest decline from Wednesday's opening levels. The US Dollar (USD) moved higher during Wednesday’s session, underpinned by reports that US President Donald Trump is planning for an...

The Pound to Dollar exchange rate (GBP/USD) has slipped below 1.3500, retreating towards 1.3460 as rising oil prices and weaker risk appetite boosted demand for the US dollar. Brent crude’s surge to three-week highs near $105 has unsettled markets, with ongoing Middle East uncertainty and upcoming Federal Reserve and Bank of England decisions likely to drive further volatility. GBP/USD Forecasts: Dip Below 1.35 The...

The Pound to Euro exchange rate (GBP/EUR) is holding just below 1.1550, with gains capped by selling pressure as markets await the Bank of England’s upcoming policy decision. While expectations of a potentially hawkish BoE tone are offering some support to Sterling, persistent economic risks in both the UK and Eurozone, alongside ongoing energy market uncertainty, are limiting further upside. GBP/EUR Forecasts: Holds...

The Pound Euro (GBP/EUR) exchange rate eased back from a five-day peak on Tuesday, as the latest Eurozone inflation expectations data offered some support to the single currency, while broader movement remained subdued ahead of key events. At the time of writing, GBP/EUR was trading at around €1.1533, with the pairing showing minimal change overall. The Euro (EUR) recovered modestly against the Pound (GBP) on Tuesday,...

The Pound US Dollar (GBP/USD) exchange rate came under pressure on Tuesday, as optimism over a diplomatic breakthrough in the US–Iran conflict faded. At the time of writing, GBP/USD was trading at roughly $1.3487, slipping by around 0.3% compared with Tuesday's opening levels. The US Dollar (USD) moved higher on Tuesday, benefiting from a more cautious market backdrop as geopolitical risks re-emerged. Sentiment...

The Pound to Dollar exchange rate (GBP/USD) has climbed to 10-day highs above 1.3550, as the dollar softened ahead of key central bank decisions and shifting expectations for Federal Reserve policy. Sterling has also drawn support from expectations of a relatively hawkish Bank of England stance, although elevated energy prices, geopolitical uncertainty, and weak UK retail data continue to pose risks to further...

The Pound to Euro exchange rate (GBP/EUR) is holding near four-week highs around 1.1540, with markets cautious ahead of key Bank of England and ECB policy decisions. Sterling’s direction remains finely balanced, with central bank guidance, UK political tensions, and energy price developments all set to drive volatility in the near term. GBP/EUR Forecasts: Holds Near 4-Week Highs The Pound-to-Euro rate was unable to...