Currency News: UK daily forex news and forecasts
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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
British Pound to Euro Forecast: GBP Faces ‘Lose-Lose’ on Yields, Growth Risks
10 Apr 2026 at 8 AM - Written by Frank Davies
STORY LINK British Pound to Euro Forecast: GBP Faces ‘Lose-Lose’ on Yields, Growth Risks
The Pound to Euro exchange rate (GBP/EUR) slipped back below 1.1500 after failing to sustain gains, as fading confidence in the Iran ceasefire and rising oil prices undermined risk appetite.
Sterling remains vulnerable to shifting energy dynamics, with markets warning of a potential “lose-lose” scenario where either falling yields or renewed economic fears limit further upside.
GBP/EUR Forecasts: Trades Below...
CATEGORIES: Pound Euro Forecasts
British Pound to Dollar Forecast: 1.35 Resistance Caps GBP Gains
10 Apr 2026 at 8 AM - Written by Toni Johnson
STORY LINK British Pound to Dollar Forecast: 1.35 Resistance Caps GBP Gains
The Pound to Dollar exchange rate (GBP/USD) failed to hold gains above 1.3480, retreating below 1.3400 as renewed uncertainty over the Iran ceasefire dented risk appetite.
While Sterling remains supported by underlying momentum, volatile energy prices and fragile geopolitical conditions continue to cap upside potential near the 1.35 level.
GBP/USD Forecasts: Unable to Hold 5-Week Highs
The Pound to Dollar (GBP/USD)...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Price Forecast: US Inflation Data to Drive Next Move
10 Apr 2026 at 8 AM - Written by Tim Boyer
STORY LINK GBP/USD Price Forecast: US Inflation Data to Drive Next Move
The Pound US Dollar (GBP/USD) exchange rate moved within a narrow range on Thursday, as uncertainty surrounding the US-Iran ceasefire tempered market activity.
At the time of writing, GBP/USD was trading at $1.3407, with the pairing largely rangebound since the start of the session.
The US Dollar (USD) traded without clear direction early on Thursday, as investors weighed the durability of the recently announced US-Iran...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Flat as Mixed German Data Limits EUR
10 Apr 2026 at 8 AM - Written by David Woodsmith
STORY LINK Pound-to-Euro Flat as Mixed German Data Limits EUR
The Pound to Euro (GBP/EUR) exchange rate traded within a tight range on Thursday, as investors weighed up a mixed batch of German economic releases.
At the time of writing, GBP/EUR was hovering around €1.1483, little changed from the opening levels of the session.
The Euro (EUR) struggled to find a clear trend following the publication of contrasting data from Germany.
Exports delivered a strong upside surprise,...
CATEGORIES: Pound Euro Forecasts