Pound Sterling forecast - gbp pound sterling pound sterling
A round up of the latest Pound Sterling forecast news items from the Currency News desk.
Pound Sterling RALLIES Against Euro, US Dollar on Trump EU 50% Tariff Threat
23 May 2025 at 3 PM - Written by Ben Hughes
STORY LINK Pound Sterling RALLIES Against Euro, US Dollar on Trump EU 50% Tariff Threat
UPDATE: The Pound Sterling has risen against both the Euro and the U.S. Dollar ahead of the weekend after President Trump triggered another spasm of market fear surrounding trade tariffs.
The FTSE 100 declined on Friday, tracking a broader market sell-off after US President Donald Trump announced plans to impose 50% trade tariffs on...
CATEGORIES: Pound Sterling Forecasts
Pound Sterling "a Buy" vs Euro and Dollar on UK Inflation Beat
21 May 2025 at 8 AM - Written by Tim Boyer
STORY LINK Pound Sterling "a Buy" vs Euro and Dollar on UK Inflation Beat
The Pound Sterling rose against the Euro and US Dollar on Wednesday morning after headline UK inflation rose by almost a full percentage point to 3.5% between March and April .
US Dollar weakness had provided the British Pound with a firm tailwind in Asian trading on Wednesday and stronger-than-expected UK inflation data triggered a...
CATEGORIES: Pound Sterling Forecasts
Pound Sterling Mixed vs Euro and Dollar on UK-EU Brexit Reset Deal
19 May 2025 at 2 PM - Written by Frank Davies
STORY LINK Pound Sterling Mixed vs Euro and Dollar on UK-EU Brexit Reset Deal
The Pound to Euro (GBP/EUR) exchange rate has again been unable to break above the 1.1900 level and failed to take advantage of a UK-EU deal to trade around 1.1875.
Despite initial disappointment, the bank still sees scope for GBP/EUR to break above the 1.1900 level.
Weaker equity markets have also undermined the Pound with the FTSE...
CATEGORIES: Pound Sterling Forecasts
Pound Sterling Rises vs Euro, Dollar on Surprise UK GDP Beat
15 May 2025 at 8 AM - Written by Ben Hughes
STORY LINK Pound Sterling Rises vs Euro, Dollar on Surprise UK GDP Beat
The British Pound Sterling edged higher against the Euro and U.S. Dollar after the latest UK GDP data was stronger than expected, underpinning confidence in the near-term outlook.
The data boosted GBP exchange rates, although risk appetite was slightly less favourable, which curbed the potential for further Sterling buying.
The...
CATEGORIES: Pound Sterling Forecasts
Pound Sterling Jumps vs Euro, Dollar on UK-US Trade Deal News
8 May 2025 at 9 AM - Written by David Woodsmith
STORY LINK Pound Sterling Jumps vs Euro, Dollar on UK-US Trade Deal News
The Pound jumped higher against the Euro and U.S. Dollar in Asian trading on Thursday following reports that the US and UK would announce a trade deal later in the day.
The Pound to Dollar (GBP/USD) exchange rate surged to just above 1.3350 with the Pound to Euro (GBP/EUR) exchange rate advancing to 1.1785.
GBP/USD dipped back below...
CATEGORIES: Pound Sterling Forecasts
BoE Preview: Here are the Key Pound Sterling Forecasts
7 May 2025 at 2 PM - Written by David Woodsmith
STORY LINK BoE Preview: Here are the Key Pound Sterling Forecasts
The Bank of England (BoE) Monetary Policy Committee (MPC) will announce its policy decision on Thursday.
Market expectations for future rate cuts will be crucial for the Pound’s reaction.
According to MUFG; “A more dovish policy update from the BoE poses downside risks for the GBP and could deliver a setback after the recent...
CATEGORIES: Pound Sterling Forecasts
Pound to Euro Rate "Muted" as EUR Unfazed by PPI Drop
6 May 2025 at 8 PM - Written by Frank Davies
STORY LINK Pound to Euro Rate "Muted" as EUR Unfazed by PPI Drop
Looking ahead to Wednesday, the main factor influencing the Pound Euro exchange rate will likely be the release of the Eurozone’s latest retail sales index and Germany’s latest factory orders.
The Bloc’s latest retail sales reading is expected to dip while Germany’s latest factory orders is forecast to show a rise within the...
CATEGORIES: Euro Forecasts Pound Sterling Forecasts
Pound Sterling Drifts Lower vs Euro and Dollar on Dovish BoE Bets, US Jobs
3 May 2025 at 5 PM - Written by Tim Boyer
STORY LINK Pound Sterling Drifts Lower vs Euro and Dollar on Dovish BoE Bets, US Jobs
The US Dollar (USD) dipped lower against the Pound Sterling (GBP) and Euro (EUR) in early Europe on Friday, but regained ground after the latest US labour-market data did not indicate a sharp deterioration in the labour market.
The British Pound was also hampered by expectations that a Bank of England rate cut next week will be...
CATEGORIES: Pound Sterling Forecasts
Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11
10 Apr 2025 at 2 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11
A EUR/USD rally past 1.11 on foreign exchange markets has dragged the Pound Sterling lower against the Euro on Thursday.
The Pound Euro (GBP/EUR) exchange rate weakened on Thursday following US President Donald Trump’s U-turn on his global tariffs.
On Thursday, the Euro (EUR) gained strength against most of its trading partners...
CATEGORIES: Euro Forecasts Pound Sterling Forecasts