Currency News

Daily Exchange Rate Forecasts & Currency News

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

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

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

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

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

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

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

GBP/EUR Forecast: Pound Sterling "Muted" vs Euro Despite UK GDP Beat

15 May 2025 at 8 AM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Thursday despite UK GDP data beating forecast in March. Official data released by the ONS showed the UK economy grew 0.2% in March from February, compared to the 0.0% that economists had predicted. At the time of writing, the GBP/EUR was trading at around €1.1877,...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

Pound Sterling to Euro Forecast: GBP to Weaken to 1.15 vs EUR in 2025

13 May 2025 at 4 PM - Written by David Woodsmith

GBP/EUR advanced to a five-week best exchange rate near 1.19. While ING sees potential further Pound Sterling gains ahead of the UK-EU summit, Nordea forecasts a gradual decline against the Euro to 1.15 by late 2025 amid weakening UK employment and cautious BoE signals. Strong UK retail sales data and buoyant risk appetite continued to...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling Firms vs Euro and Dollar on Strong UK Retail Sales

13 May 2025 at 9 AM - Written by Frank Davies

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

US-China Tariff Deal: Pound Sterling Forecasts REVISED vs Euro and Dollar, Again

12 May 2025 at 5 PM - Written by Ben Hughes

During the past month, investment banks rushed to re-write their currency forecasts with most expecting a notably weaker dollar due to US economic damage from high tariffs and a loss of confidence in US assets. Another major U-Turn by the Administration and agreement to cut US-China tariffs sharply for 90 days has up-ended market...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts