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Pound Sterling Forecast Directory - Page #33

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

Pound Sterling Rallies vs Euro and Dollar on Bank of England Vote Split

8 May 2025 at 1 PM - Written by Frank Davies

The Pound Sterling dipped immediately against the Euro, U.S. Dollar and other foreign currencies before the Bank of England (BoE) policy decision, but then rallied strongly following the actual announcement. The Pound-to-Euro exchange rate traded up 0.33% at 1.17973, with the Pound-Dollar conversion jumping 0.27% to trade at...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling Jumps vs Euro, Dollar on UK-US Trade Deal News

8 May 2025 at 9 AM - Written by David Woodsmith

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

Pound Sterling to Euro Forecast: 1.149 in 9-12 Months say Rabobank

8 May 2025 at 8 AM - Written by Ben Hughes

The Pound Sterling is expected to underperform the Euro over the coming year, forecasting a steady climb in EUR/GBP to 0.87 on a 9-12 month timeframe, reversing much of sterling’s two-year outperformance. This equates to a Pound-to-Euro exchange rate of 1.1494 over this timeframe. “In contrast to GBP’s performance in 2023 and...

CATEGORIES: Pound Euro Forecasts

BoE Preview: Here are the Key Pound Sterling Forecasts

7 May 2025 at 2 PM - Written by David Woodsmith

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

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 to Dollar Forecast: GBP Price Eyes 1.35 Resistance

6 May 2025 at 8 PM - Written by David Woodsmith

The Pound US Dollar (GBP/USD) exchange rate advanced on Tuesday, in advance of the Federal Reserve’s interest rate decision on Wednesday. At the time of writing, GBP/USD was trending near $1.3324. Up approximately 0.2% from the day’s opening level. The US Dollar (USD) drifted lower on Tuesday amid investor caution ahead of the...

CATEGORIES: Pound Dollar 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

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 Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

2 May 2025 at 7 AM - Written by Frank Davies

The Pound to Dollar (GBP/USD) exchange rate was unable to move above 1.3350 on Thursday and retreated to just below 1.3300 after the round of US data. The releases were certainly soft, but markets had been braced for even weaker figures which helped trigger dollar short covering. Scotiabank still considers that the overall tone is...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling to Euro Forecast: FTSE Winning Streak Boosts GBP Rates

29 Apr 2025 at 8 AM - Written by David Woodsmith

The Pound to Euro rate has strengthened to 3-week highs above 1.1750 in European trading on Monday. UK equity markets have made further headway with the FTSE 100 index aiming to post the 11th successive daily gain amid the on-going recovery from April lows which has helped underpin the Pound. The rebound in equities has been a key...

CATEGORIES: Pound Euro Forecasts

Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

25 Apr 2025 at 6 PM - Written by Frank Davies

Some recently released exchange rate forecasts suggest that both the Pound Sterling (GBP) and Euro (EUR) are positioned for further gains against the US Dollar (USD). Major banks such as Danske and Scotiabank have significantly revised their currency forecasts, indicating bullish prospects for EUR/USD and GBP/USD over the next year....

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Euro Forecasts