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

GBP/DKK Exchange Rate Update: Sterling Drops on UK Business Worries about Brexit

27 Mar 2018 at 3 PM - Written by James Fuller

STORY LINK GBP/DKK Exchange Rate Update: Sterling Drops on UK Business Worries about Brexit

On Monday, the Pound to Danish Krone exchange rate saw a gradual decline over the course of daily trading. The GBP/DKK exchange rate opened in the region of 8.5286, but later closed down lower around 8.5077 by the evening. There was little direct UK economic data to refer to, so instead the Pound was affected by speculation about the...

CATEGORIES: Pound Sterling Forecasts

Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

4 Sep 2017 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Rand Exchange Rate Forecast, Key Data to Watch Over Next Five Days

The pound to rand exchange rate has been in steady decline from early August highs where the pair touched 1 GBP = 17.51. GBP/ZAR, on Tuesday 5th September, is quoted at 16.76288. Decent UK data was not able to help the British Pound to hold its ground. The pair slipped due to strong South African trade and manufacturing results despite...

CATEGORIES: Currency Predictions Pound Rand Forecasts Pound Sterling Forecasts Forecasts

GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

27 Aug 2017 at 9 AM - Written by Frank Davies

STORY LINK GBP to ZAR Exchange Rate Update: South African Rand on 'Back Foot' vs Pound, Euro and the US Dollar

The pound to rand exchange rate has seen a strong start to the new week, quoted at 16.85377, 0.35 per cent higher than the day's open. The South African currency is also seen lower than both the euro and the US dollar. Although the second revision of the second quarter UK gross domestic product showed no change in the headline growth...

CATEGORIES: Daily Currency Updates Pound Rand Forecasts Pound Sterling Forecasts

GBP NOK Exchange Rate Trades Tightly after Election Polls Show Falling Conservative Lead

1 Jun 2017 at 1 PM - Written by James Fuller

STORY LINK GBP NOK Exchange Rate Trades Tightly after Election Polls Show Falling Conservative Lead

Over the current week, the Pound has steadily risen against the Krone, climbing from a starting rate of 10.7429 to a high of 10.9029 on Wednesday. Since this peak, however, the Pound has dropped off, trading around 10.8612 today. This recent slide follows an opinion poll that put the Conservatives just 3 percentage points ahead of Labour....

CATEGORIES: Norwegian Krone Forecasts Pound Sterling Forecasts

GBP INR Exchange Rate Extends Gains Despite Scottish Independence Worries

17 Mar 2017 at 4 PM - Written by John Cameron

STORY LINK GBP INR Exchange Rate Extends Gains Despite Scottish Independence Worries

Following the surprisingly split Bank of England (BoE) vote on interest rates the Pound Sterling to Indian Rupee (GBP INR) exchange rate remained on a stronger footing. BoE Policy Meeting Split Boosted GBP Demand Confidence in the Pound was strongly boosted by the fact that known hawk Kristin Forbes had voted in favour of a 25bpt...

CATEGORIES: Pound Rupee Forecasts Pound Sterling Forecasts

GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

1 Mar 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Crashes as Near-Term Fed Rate Hike Odds Rise

The British Pound to US Dollar exchange rate remained near its worst levels since January on Thursday afternoon as the day’s UK construction data was not enough to make the Pound more appealing than the bullish US Dollar. Demand for the US Dollar was also improved by Thursday afternoon’s news that the number of new US jobless claims...

CATEGORIES: Currency Predictions Dollar Pound Forecasts Pound Sterling Forecasts

GBP INR Daily Exchange Rate News: Advance seen ahead of Key UK Inflation Figures

13 Feb 2017 at 4 PM - Written by James Fuller

STORY LINK GBP INR Daily Exchange Rate News: Advance seen ahead of Key UK Inflation Figures

The British Pound to Indian Rupee exchange rate remained weak throughout Tuesday’s European session as the morning’s UK inflation data disappointed Sterling traders. Strong demand for emerging market currencies like the Indian Rupee remained strong throughout the day, even after Federal Reserve interest rate hike bets improved...

CATEGORIES: Pound Sterling Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

STORY LINK Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

STORY LINK GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

STORY LINK GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts

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