Currency News: UK daily forex news and forecasts
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British Pound to Euro Forecast: "Best Buy" Narrative Tested by Growth Risks
16 Apr 2026 at 7 AM - Written by James Fuller
STORY LINK British Pound to Euro Forecast: "Best Buy" Narrative Tested by Growth Risks
The Pound to Euro exchange rate (GBP/EUR) slipped back towards 1.1500 after failing to hold two-week highs above 1.1520, as markets reassessed the UK economic outlook and Bank of England policy.
Sterling’s recent resilience has attracted best-buy interest, but with growth forecasts downgraded and key data looming, investors are increasingly cautious over whether GBP/EUR can hold gains or drift lower towards the 1.14...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: GBP Hits 2-Month Best as US Stocks Surge
16 Apr 2026 at 7 AM - Written by Ben Hughes
STORY LINK Pound Sterling to Dollar Forecast: GBP Hits 2-Month Best as US Stocks Surge
The Pound to Dollar exchange rate (GBP/USD) surged to two-month highs above 1.3580, with Sterling emerging as a best buy amid a rally in global equities and improving confidence over easing Middle East tensions.
Improving risk appetite has boosted GBP demand while the dollar remains under pressure, although markets are cautious that resistance around 1.36–1.37 could limit further gains.
GBP/USD Forecasts: Pound Hits...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Tests 1.15 Resistance, Defying Bears
15 Apr 2026 at 8 AM - Written by Tim Boyer
STORY LINK British Pound to Euro Forecast: GBP Tests 1.15 Resistance, Defying Bears
The Pound to Euro exchange rate (GBP/EUR) pushed above 1.1500 to two-week highs near 1.1510, as Sterling continued to defy bearish expectations amid improving risk sentiment and supportive yield dynamics.
However, with resistance building above 1.15 and lingering concerns over UK fundamentals and politics, markets remain cautious over whether the Pound can sustain further gains.
GBP/EUR Forecasts: Testing Resistance...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: Momentum Turns Bullish for GBP
15 Apr 2026 at 8 AM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Forecast: Momentum Turns Bullish for GBP
The Pound to Dollar exchange rate (GBP/USD) surged to six-week highs near 1.3540, as the dollar weakened despite rising oil prices and ongoing Middle East tensions.
With momentum turning modestly bullish, markets are now watching whether Sterling can extend gains towards 1.3565, or if renewed geopolitical risks will trigger a dollar rebound.
GBP/USD Forecasts: 6-Week Highs
The Pound to Dollar (GBP/USD) exchange rate...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Tests 1.15 as Energy Risks Rise
14 Apr 2026 at 10 AM - Written by Ben Hughes
STORY LINK British Pound to Euro Forecast: GBP Tests 1.15 as Energy Risks Rise
The Pound to Euro exchange rate (GBP/EUR) edged back towards 1.1500 after dipping to 1.1465, with Sterling showing resilience despite rising energy prices and renewed geopolitical tensions.
However, with Middle East risks intensifying and UK economic data looming, markets are questioning whether the Pound can sustain gains or face renewed pressure below the 1.15 level.
GBP/EUR Forecasts: Creep Towards 1.15
The Pound...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast: 6-Week GBP/USD Best Above 1.35
14 Apr 2026 at 10 AM - Written by Tim Boyer
STORY LINK Pound to Dollar Forecast: 6-Week GBP/USD Best Above 1.35
The Pound to Dollar exchange rate (GBP/USD) held firm above 1.3400 despite a dip to 1.3380, as renewed Iran tensions and a surge in oil prices tested market confidence.
With geopolitical risks intensifying and volatility rising, Sterling remains range-bound, with traders watching whether GBP/USD can hold support or push back towards the 1.3460 resistance zone.
GBP/USD Forecasts: Survives Initial Retreat
The Pound to...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Holds Ground as UK Eyes Closer EU Alignment
13 Apr 2026 at 7 PM - Written by David Woodsmith
STORY LINK Pound to Euro Holds Ground as UK Eyes Closer EU Alignment
The Pound to Euro (GBP/EUR) exchange rate lacked clear direction at the start of the week, with investors weighing a shift in Europe’s political backdrop.
At the time of writing, GBP/EUR was hovering near €1.1490, showing little movement compared to Monday’s opening levels.
The Euro (EUR) traded in a tight range, underpinned by guarded optimism following Hungary’s recent election result.
Attention centred on...
CATEGORIES: Pound Euro Forecasts
GBP/USD Forecast: Bailey Speech to Guide Pound Sterling Direction
13 Apr 2026 at 7 PM - Written by Frank Davies
STORY LINK GBP/USD Forecast: Bailey Speech to Guide Pound Sterling Direction
The Pound to US Dollar (GBP/USD) exchange rate started the week on the back foot, following a breakdown in negotiations between the US and Iran over the weekend.
At the time of writing, GBP/USD was trading near $1.3425, down approximately 0.3% from Monday’s opening levels.
The US Dollar (USD) advanced, recovering losses from the previous week as geopolitical tensions in the Middle East intensified.
The failure of...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Forecast: EUR 5-Week Best on Iran Uncertainty
13 Apr 2026 at 7 AM - Written by Ben Hughes
STORY LINK Euro to Dollar Forecast: EUR 5-Week Best on Iran Uncertainty
The Euro to Dollar exchange rate (EUR/USD) surged to five-week highs near 1.1725 after a temporary Iran ceasefire boosted risk appetite and weakened the dollar.
However, with oil prices rebounding and uncertainty over the Strait of Hormuz unresolved, markets remain cautious, limiting confidence in a sustained EUR/USD breakout.
EUR/USD Forecasts: Iran ceasefire, but no certainty
Nordea still expects that the Euro to...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Week-Ahead Forecast: GBP Struggles Below 1.15
13 Apr 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Week-Ahead Forecast: GBP Struggles Below 1.15
The Pound to Euro exchange rate (GBP/EUR) has struggled to sustain gains above 1.1500, with the pair drifting back towards 1.1480 as markets reassess Bank of England policy expectations.
With rate hike pricing being scaled back and energy-driven volatility still shaping sentiment, analysts warn that Sterling could remain under pressure in the near term.
GBP/EUR Forecasts: Damage report
Nomura is still backing Pound to...
CATEGORIES: Pound Euro Forecasts