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Pound-to-Dollar Forecast: Below 1.35 Despite Strong UK Data

21 Feb 2026 at 7 PM - Written by David Woodsmith

The Pound to Dollar (GBP/USD) exchange rate dipped below the 1.3500 support area on Thursday with 4-week lows below 1.3450 amid dollar gains. Strong data boosted the Pound globally, but GBP/USD gains were held to around 1.3475. GBP/USD will need to regain 1.35 to secure a more favourable outlook. The dollar was underpinned by a scaling back of expectations surrounding US rate cuts as Fed Governor Miran adopted a less...

CATEGORIES: Pound Dollar Forecasts

British Pound to Euro Forecast: GBP Supported as UK Retail Sales Surge

20 Feb 2026 at 9 AM - Written by Frank Davies

The Pound to Euro exchange rate (GBP/EUR) attempted to stabilise after plunging to eight-week lows near 1.1425, as a much stronger-than-expected 1.8% surge in UK retail sales (vs 0.2% forecast) helped cushion Sterling’s slide. The upside consumer surprise suggests underlying demand remains resilient despite soft labour market data and cooling inflation, complicating expectations of aggressive Bank of England easing. While...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Exchange Rate Slides as Technical Support Fails

20 Feb 2026 at 9 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) has broken below the critical 1.3500 support level after stronger US data and Federal Reserve minutes boosted the dollar across global markets. Sterling’s retreat to four-week lows near 1.3450 reflects narrowing UK-US yield spreads and earlier weak labour-market data, although a much stronger-than-expected 1.8% surge in UK retail sales (vs 0.2% forecast) has helped stabilise...

CATEGORIES: Pound Dollar Forecasts

Pound-Euro Flat

19 Feb 2026 at 10 PM - Written by David Woodsmith

The Pound to Euro (GBP/EUR) exchange rate moved within a limited range on Thursday as investors weighed expectations for imminent interest rate reductions in the UK. At the time of writing, GBP/EUR hovered near €1.1439, little changed compared with levels seen at the opening of the European session. The Pound struggled to find traction as financial markets grew increasingly convinced that the Bank of England will begin...

CATEGORIES: Pound Euro Forecasts

GBP/USD Price Forecast: Pound Sterling Firms After Fed Minutes

19 Feb 2026 at 10 PM - Written by Frank Davies

The Pound US Dollar (GBP/USD) exchange rate was rangebound on Thursday morning after falling to its lowest level in roughly three weeks during the previous session. At the time of writing, GBP/USD was trading close to $1.3486, showing minimal movement from Thursday’s opening levels. The US Dollar traded unevenly through Thursday’s European session as investors continued analysing the minutes from the Federal...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to Dollar Forecast: GBP Finds Support as BoE Cut Bets Rise

19 Feb 2026 at 2 PM - Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) is holding firm above the key 1.3500 support level after UK inflation slowed to 3.0% year-on-year, reinforcing expectations of a March Bank of England rate cut. However, stubborn services inflation at 4.4% and resilient US data have prevented a deeper Sterling sell-off, leaving GBP/USD range-bound as markets reassess Fed and BoE policy trajectories. GBP/USD Forecasts: Holds...

CATEGORIES: Pound Dollar Forecasts

British Pound to Euro Forecast: Inflation Falls, Yet GBP Vulnerable

19 Feb 2026 at 2 PM - Written by David Woodsmith

The Pound to Euro exchange rate (GBP/EUR) fell to eight-week lows near 1.1430 after UK inflation slowed to 3.0% year-on-year, reinforcing expectations of a near-term Bank of England rate cut. While headline price growth cooled in line with forecasts, stubborn services inflation at 4.4% continues to complicate the policy outlook, leaving Sterling vulnerable as markets price in easing from March. GBP/EUR Forecast: BoE...

CATEGORIES: Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Steady despite Softer UK Inflation

18 Feb 2026 at 10 PM - Written by James Fuller

The Pound US Dollar (GBP/USD) exchange rate traded within a tight corridor on Wednesday as investors digested the UK’s latest inflation update. At the time of writing, GBP/USD was hovering near $1.3547, showing little deviation from the day’s opening levels. The Pound struggled for direction following the release of January’s consumer price index figures. Data from the Office for National Statistics showed...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro Rebounds

18 Feb 2026 at 10 PM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate regained ground on Wednesday as markets digested the UK’s latest inflation figures, reversing part of the prior session’s decline. At the time of writing, GBP/EUR was trading at €1.1465, up roughly 0.2% on the day as Sterling drew support from the consumer price index data. The Pound steadied and pushed higher after the UK’s latest inflation figures offered a mixed picture...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Forecast: GBP Tests 10-Day Lows Before Stabilising

18 Feb 2026 at 9 AM - Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) rebounded toward 1.3600 after briefly sliding to 10-day lows near 1.3550, as softer UK labour market data intensified expectations of a March Bank of England rate cut. Sterling initially came under pressure after unemployment rose to a five-year high and wage growth slowed sharply, but a firmer tone in UK equities and a steadier dollar helped limit losses. While markets are...

CATEGORIES: Pound Dollar Forecasts