Pound Sterling Forecast Directory - Page #32
A round up of the latest Pound Sterling forecast news items from the Currency News desk.
GBP/USD Forecast: Pound Sterling "Mid Performer" Following US, UK PMIs
23 May 2025 at 7 AM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling "Mid Performer" Following US, UK PMIs
The Pound-to-Dollar exchange rate (GBP/USD) was rangebound on Thursday following the release of the US’s and UK’s preliminary S&P Global PMIs.
At the time of writing, GBPUSD was trading at approximately $1.3425, virtually unchanged from the start of Thursday’s session.
The US Dollar (USD) advanced against most major peers on...
CATEGORIES: Pound Dollar 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
GBP/USD Forecast: Pound Sterling Rises Amid US Credit Rating Downgrade
19 May 2025 at 7 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Rises Amid US Credit Rating Downgrade
The Pound US Dollar exchange rate (GBP/USD) began the week with strong momentum, surging to a two-week high after the US was stripped of its AAA credit rating by Moody’s.
At the time of writing, GBP/USD was hovering around $1.3385. Up roughly 0.8% from Monday’s opening levels.
The US Dollar faced fresh selling pressure after...
CATEGORIES: Pound Dollar 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 to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains
16 May 2025 at 11 AM - Written by Tim Boyer
STORY LINK Pound Sterling to Euro Forecast: GBP Under 1.19 Resistance, FTSE Gains
GBP/EUR has consolidated around 1.1875 with a firm tone, but again unable to break the 1.1900 resistance area.
The Pound to Euro exchange rate (GBP/EUR) has failed to break above 1.1900 for five successive days, but there will be speculation that optimism surrounding Monday’s UK-EU summit will trigger a move.
UBS commented; “we...
CATEGORIES: Pound Euro 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 Firms vs Euro and Dollar on Strong UK Retail Sales
13 May 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound Sterling Firms vs Euro and Dollar on Strong UK Retail Sales
The Pound Sterling held firm against the Euro and US Dollar after further evidence of a weaker UK labour market was offset by much more substantial than expected UK Retail Sales growth for April 2025.
The Pound to Euro (GBP/EUR) exchange rate traded at 1.1885 and closed to fresh 5-week highs.
ING remains bullish on the Pound ahead...
CATEGORIES: Pound Euro Forecasts