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A round up of the latest Pound Sterling forecast news items from the Currency News desk.

Pound Sterling Outlook: GBP/EUR, GBP/USD Exchange Rates Remain Resilient despite UK’s Dire 2020 Growth Rate

12 Feb 2021 at 5 PM - Written by David Woodsmith

STORY LINK Pound Sterling Outlook: GBP/EUR, GBP/USD Exchange Rates Remain Resilient despite UK’s Dire 2020 Growth Rate

Pound Sterling (GBP) Exchange Rates The Pound Sterling (GBP) ended the week on a fairly buoyant note, despite confirmation that 2020 was Britain’s worst year for economic growth in 300 years. Investors are still optimistic about Britain’s outlook due to the nation’s coronavirus vaccine rollout. Many key UK ecostats will be...

CATEGORIES: Pound Sterling Forecasts

GBP to SEK Exchange Rate Reaches 4-Month-Best as Sterling Capitalises on Krona’s Weakness

5 Feb 2021 at 2 PM - Written by John Cameron

STORY LINK GBP to SEK Exchange Rate Reaches 4-Month-Best as Sterling Capitalises on Krona’s Weakness

Despite stronger than expected Swedish data today, the Swedish Krona’s bearish streak continues, and the British Pound to Swedish Krona (GBP/SEK) exchange rate has been able to capitalise on that this week. Investors piled into the Pound on Bank of England (BoE) news yesterday, making it even easier for the bullish Pound to sustain big...

CATEGORIES: Pound Sterling Forecasts

Sharper Decline in Q4 Swedish Growth Spurs Pound Swedish Krona Exchange Rate Rally

1 Feb 2021 at 5 PM - Written by Frank Davies

STORY LINK Sharper Decline in Q4 Swedish Growth Spurs Pound Swedish Krona Exchange Rate Rally

Pound Swedish Krona Exchange Rate Trends Higher on Disappointing Swedish Growth The Pound to Swedish Krona (GBP/SEK) exchange rate rallied sharply as the fourth quarter Swedish gross domestic product proved weaker than forecast. While forecasts had pointed towards the growth rate slowing sharply on both the year and the quarter...

CATEGORIES: Pound Sterling Forecasts

GBP to SEK Exchange Rate Gains on Risk-Sentiment and SEK Weakness

27 Jan 2021 at 4 PM - Written by James Fuller

STORY LINK GBP to SEK Exchange Rate Gains on Risk-Sentiment and SEK Weakness

Despite underwhelming UK data lately and a dire coronavirus infection and death rate, the British Pound to Swedish Krona (GBP/SEK) exchange rate is climbing today. The Pound is benefitting from risk-sentiment, while the Swedish Krona continues to sold on the Riksbank’s recent shifts in monetary policy action. Since opening this week at...

CATEGORIES: Pound Sterling Forecasts

Pound to Japanese Yen Exchange Rate Steady on Hopes for Japanese Economic Recovery

25 Jan 2021 at 3 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen Exchange Rate Steady on Hopes for Japanese Economic Recovery

GBP/JPY Exchange Rate Rangebound as Outlook Improves for Japanese Economy The Pound to Japanese Yen exchange rate held steady today, with the pairing currently fluctuating around ¥142.000. The Japanese Yen benefited from news that Japan’s economy could recover to levels seen before the Covid-19 pandemic as early as this March. Bank...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Heads Back Towards Lows as UK Economic Growth Slows

10 Dec 2020 at 4 PM - Written by Frank Davies

STORY LINK Pound Swedish Krona (GBP/SEK) Exchange Rate Heads Back Towards Lows as UK Economic Growth Slows

Slowing UK Gross Domestic Product Fuels Pound Swedish Krona (GBP/SEK) Exchange Rate Losses The Pound to Swedish Krona (GBP/SEK) exchange rate took a fresh leg lower as October’s monthly UK gross domestic product showed a sharp slowdown. Growth eased from 1.1% to 0.4% on the month at the start of the fourth quarter, pointing towards a...

CATEGORIES: Pound Sterling Forecasts

GBP to DKK Exchange Rate Struggles Near 2-Month-Worst as No-Deal Brexit Threat Worsens

7 Dec 2020 at 4 PM - Written by Tim Boyer

STORY LINK GBP to DKK Exchange Rate Struggles Near 2-Month-Worst as No-Deal Brexit Threat Worsens

Hopes for a Brexit deal to be reached within hours or days have seemingly unravelled for now, as December draws on without a Brexit deal being reached, knocking the British Pound to Danish Krone (GBP/DKK) exchange rate lower. The Danish Krone is pegged to the Euro (EUR), meaning that it is gaining alongside the Euro as the shared currency...

CATEGORIES: Pound Sterling Forecasts

GBP/EUR Exchange Rate Rangebound as Brexit Continues to Dominate

4 Dec 2020 at 2 PM - Written by John Cameron

STORY LINK GBP/EUR Exchange Rate Rangebound as Brexit Continues to Dominate

The Pound to Euro (GBP/EUR) exchange rate is rangebound so far after recovering quickly from losses this morning. At the time of writing the GBP/EUR exchange rate is currently trading at around €1.1082. Pound (GBP) At Risk as Brexit Talks Thrown into Further Turmoil The Pound (GBP) opened today’s session with losses, though quickly...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Rises on Cautious Brexit Optimism

1 Dec 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to US Dollar (GBP/USD) Exchange Rate Rises on Cautious Brexit Optimism

GBP/USD Exchange Rate Rises as UK Brexit Talks Enter Crucial Stretch The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.337. Sterling has benefited from cautious optimism over Brexit, after the UK Foreign Secretary Dominic Raab said that there is a case for a post-Brexit trade...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Slips as UK Economy Begins an ‘Emergency’ Period says Chancellor

25 Nov 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Swedish Krona (GBP/SEK) Exchange Rate Slips as UK Economy Begins an ‘Emergency’ Period says Chancellor

GBP/SEK Exchange Rate Falls as UK Economic Outlook Darkens The Pound to Swedish Krona (GBP/SEK) exchange rate slipped today, with the pairing currently trading around 11.385kr. Sterling fell today following remarks from Chancellor Rishi Sunak, who warned that the UK economy was at the beginning of an ‘emergency’ as Covid-19 and Brexit...

CATEGORIES: Pound Sterling Forecasts

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