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Pound Sterling Forecast Directory - Page #34

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

Pound Sterling to Euro Forecast: Dollar Slide Could Enable Strong GBP Gains

25 Apr 2025 at 2 PM - Written by David Woodsmith

The Pound to Euro exchange rate hit a 2-week peak just above the key level of 1.1730 on Friday before settling around 1.1725 with a firm underlying tone. Equity markets again helped underpin the Pound Sterling on the day. The FTSE 100 has already risen for the last nine trading sessions as trade war tensions have cooled, the longest...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Bullish, Next Resistance at 1.34

24 Apr 2025 at 5 PM - Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) again found support close to 1.3250 and traded close to 1.3300 in Europe on Wednesday as the dollar retreated from Wednesday’s highs. Volatility has eased to some extent, but underlying stresses remain substantial with choppy trading. According to Scotiabank; “We look to near-term...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling to Euro Forecast: "GBPEUR Underperformance Likely"

24 Apr 2025 at 12 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate failed to hold 1-week highs at 1.1720 on Thursday and retreated to 1.1670. GBP/EUR moves have tended to be dominated by risk conditions and equity markets with the Pound advance curbed by weaker equities on Thursday. The pair is likely to hit further resistance in the 1.1725-1.1730...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/EUR Forecast: 3-Month Pound Sterling Forecast of 1.15

23 Apr 2025 at 2 PM - Written by Frank Davies

Global risk appetite has recovered strongly on Wednesday following another change in direction by President Trump. Stronger risk conditions boosted the Pound, but the latest data triggered fresh doubts over the UK economic outlook which hampered the UK currency. After an initial boost the Pound to Euro (GBP/EUR) exchange rate failed...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound Sterling to Euro Forecast: ECB Upside, "EUR Looking Overvalued vs USD, GBP, JPY"

17 Apr 2025 at 4 PM - Written by Frank Davies

After finding support close to 1.1600, the Pound to Euro exchange rate strengthened to just above 1.1660 GBPEUR after the ECB expressed concerns surrounding the Euro-Zone growth outlook, although the Euro pulled away from initial lows. Commerzbank commented; “given the factors that argue against a hawkish surprise, the risks are...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

15 Apr 2025 at 4 PM - Written by Frank Davies

GBP/USD climbed to a six-month best buy exchange rate on Tuesday, buoyed by a risk-positive market mood and rising speculation over a potential UK-US trade agreement. The Pound exchange rates enjoyed support on Tuesday as investors embraced riskier assets, pushing the increasingly risk-sensitive UK currency higher against its...

CATEGORIES: Pound Dollar Forecasts

Euro to Pound Sterling Forecast: Sell "Towards 0.850" on Equity Futures Stabilisation

15 Apr 2025 at 8 AM - Written by Frank Davies

As the tariff market volatility seemingly eased on Monday, the Pound to Euro rate secured a further recovery to 1.1640. There has been a decline in overall volatility in global currency markets as the immediate fear element surrounding US trade tariffs has eased. Although there are still very important concerns surrounding the...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

UK Economy: Pound Sterling Tests 1.30, GDP Boost Eclipsed by US Dollar Slide

11 Apr 2025 at 7 AM - Written by Frank Davies

The Pound Sterling (GBP) is currently testing 1.30 against the US Dollar (USD) after the latest data provided some positive news on the UK economy with a rebound in growth for February. The GBP/USD exchange rate is quoted at 1.29946. The overall impact on the Pound was limited with markets focussed on trade developments and further...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Prediction: Pound Sterling Outlook Flips "Neutral-Bullish" say Scotiabank

10 Apr 2025 at 2 PM - Written by Frank Davies

Examining the short-term outlook, the Pound Sterling (GBP) is tipped to extend its recent recovery against the US Dollar (USD), according to the latest technical analysis by FX strategists at Scotiabank. "GBPUSD’s sharp recovery is notable" says Shaun Osborne, Chief FX Strategist at Scotiabank. "The RSI’s dip into bearish...

CATEGORIES: Pound Dollar Forecasts