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Pound Sterling Forecast Directory - Page #36

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

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

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