Currency News: UK daily forex news and forecasts
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Pound to Dollar Forecast: GBP Faces 1.3140 as Fed Hike Bets Surge
15 Nov 2026 at 10 PM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBP Faces 1.3140 as Fed Hike Bets Surge
The Pound to Dollar exchange rate (GBP/USD) fell to four-week lows around 1.3205 as expectations of further Federal Reserve interest-rate hikes pushed the Dollar to its strongest level in 19 months.
Pound Sterling struggled despite resilient UK growth figures, with Scotiabank warning that a sustained break below 1.3200 could expose the 2026 low near 1.3140.
GBP/USD Forecasts: Hits Four-Week Lows
The Pound to Dollar...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Sterling Stalls at 1.20 Despite Growth Surge
15 Nov 2026 at 10 PM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: Sterling Stalls at 1.20 Despite Growth Surge
The Pound to Euro exchange rate (GBP/EUR) struggled to break above 1.2000 despite stronger-than-expected UK GDP figures and growing expectations of further Bank of England rate hikes.
Pound Sterling remained supported around 1.1960, but the prospect of another European Central Bank increase in December has helped the Euro resist further losses.
GBP/EUR Forecasts: Holds Below 1.20
The Pound to Euro (GBP/EUR) exchange...
CATEGORIES: Pound Euro Forecasts
GBP/USD Forecast: Pound Sterling Falls to Near One-Month Low
12 Nov 2026 at 8 PM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Pound Sterling Falls to Near One-Month Low
The Pound to US Dollar (GBP/USD) exchange rate fell to its weakest level in almost a month overnight on Wednesday as a sharp sell-off in technology stocks drove investors towards the safe-haven US Dollar.
At the time of writing, GBP/USD was trading at around $1.3258, having recovered slightly from an overnight low of $1.3251. However, Sterling remained under pressure despite encouraging UK economic growth figures.
The US...
CATEGORIES: Pound Dollar Forecasts
GBP/EUR Forecast: Strongest UK Growth in Two Years Fails to Lift Pound
12 Nov 2026 at 8 PM - Written by James Fuller
STORY LINK GBP/EUR Forecast: Strongest UK Growth in Two Years Fails to Lift Pound
The Pound to Euro (GBP/EUR) exchange rate traded sideways on Thursday as stronger-than-expected UK economic growth failed to provide Sterling with a significant boost.
At the time of writing, GBP/EUR was hovering around €1.1962, leaving the pairing virtually unchanged from Thursday's opening levels and still trading just below the psychologically important €1.2000 mark.
The Pound (GBP) struggled to gain momentum...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast: Hawkish Fed Drives Sterling to November Lows
12 Nov 2026 at 5 PM - Written by James Fuller
STORY LINK Pound to Dollar Forecast: Hawkish Fed Drives Sterling to November Lows
The Pound to Dollar exchange rate (GBP/USD) fell to fresh November lows near 1.3250 as stronger-than-expected US inflation and increasingly hawkish Federal Reserve commentary drove Treasury yields sharply higher.
Pound Sterling found little support from robust UK growth figures, with markets now considering the possibility of a larger 50-basis-point Fed rate hike in December.
GBP/USD Forecasts: Slide to Fresh November...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: December BoE Hike Bets Rise to 75%
12 Nov 2026 at 5 PM - Written by Frank Davies
STORY LINK British Pound to Euro Forecast: December BoE Hike Bets Rise to 75%
The Pound to Euro exchange rate (GBP/EUR) recovered towards 1.1960 after stronger UK economic data reinforced expectations of another Bank of England interest-rate increase in December.
Third-quarter GDP growth reached 0.7%, its strongest pace in two-and-a-half years, keeping Sterling within striking distance of 1.20 as markets increased bets on further monetary tightening.
GBP/EUR Forecasts: Holding Near Recent...
CATEGORIES: Pound Euro Forecasts
Pound Forecast: GBP/USD Nears 1.33 as Fed Eyes Bigger Rate Hike
11 Nov 2026 at 8 PM - Written by Frank Davies
STORY LINK Pound Forecast: GBP/USD Nears 1.33 as Fed Eyes Bigger Rate Hike
The Pound to US Dollar (GBP/USD) exchange rate extended its losses on Wednesday as growing speculation over a larger Federal Reserve interest rate hike provided further support for the 'Greenback'.
At the time of writing, GBP/USD was trading at approximately $1.3318, down around 0.2% from Wednesday's opening levels and approaching the $1.3300 mark.
The US Dollar (USD) maintained its upward momentum as investors continued...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Near 1.1950 as Crucial UK Growth Figures Loom
11 Nov 2026 at 8 PM - Written by Ben Hughes
STORY LINK Pound-to-Euro Near 1.1950 as Crucial UK Growth Figures Loom
The Pound to Euro (GBP/EUR) exchange rate traded within a narrow range on Wednesday as a lack of significant economic releases from the UK and Eurozone left investors awaiting fresh direction.
At the time of writing, GBP/EUR was trading at around €1.1954, virtually unchanged on the day but having recovered slightly from Tuesday's two-week low of €1.1940.
The Euro (EUR) struggled to establish a clear direction as an...
CATEGORIES: Pound Euro Forecasts
Pound-to-Dollar Forecast: Hot US Inflation Boosts USD, GBP Slides
11 Nov 2026 at 2 PM - Written by Frank Davies
STORY LINK Pound-to-Dollar Forecast: Hot US Inflation Boosts USD, GBP Slides
The Pound to Dollar exchange rate (GBP/USD) retreated below 1.3400 as stronger-than-expected US inflation data and hawkish Federal Reserve commentary triggered renewed Dollar buying.
Markets increased bets on a December Fed rate hike, while Scotiabank warned that a sustained break below 1.3400 could expose Sterling to further losses towards the low-to-mid 1.33s.
GBP/USD Forecasts: Dip Below 1.3400
After hitting...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Stalls at 1.20 as Oil Prices Fall
11 Nov 2026 at 1 PM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: GBP Stalls at 1.20 as Oil Prices Fall
The Pound to Euro exchange rate (GBP/EUR) retreated towards 1.1960 as Brent crude fell to 10-week lows, easing pressure on the Euro and raising the prospect of a correction in stretched currency positions.
MUFG warns that substantial speculative bets against the Euro leave it vulnerable to a rebound, while Sterling faces a fresh test from Thursday's UK GDP figures.
GBP/EUR Forecasts: Stall Near 1.20
The Pound to Euro...
CATEGORIES: Pound Euro Forecasts