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Pound Sterling Forecast Directory - Page #38

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

GBP/USD Forecast: Pound Sterling Buoyed on Possible China Trade Deal

20 Feb 2025 at 5 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Sterling Buoyed on Possible China Trade Deal

The Pound Sterling trended higher versus the US Dollar on Thursday morning as investors weighed fresh comments from US President Donald Trump regarding a potential trade agreement with China. At the time of writing, the Pound to Dollar exchange rate (GBP/USD) was trading at approximately $1.2614, up around 0.2% from Thursday’s...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro Hits 2025 Best, Pound Sterling Forecasts Eye 1.2200 GBPEUR

20 Feb 2025 at 8 AM - Written by Tim Boyer

STORY LINK Pound to Euro Hits 2025 Best, Pound Sterling Forecasts Eye 1.2200 GBPEUR

The Pound Sterling failed to hold an initial spike higher against the Euro with markets waiting for business confidence data on Friday to assess whether the risk of UK economic stagflation has increased. The increase in UK inflation for January was slightly stronger than expected, further dampening expectations of a further near-term...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Sterling Jumps against Euro and Dollar on "Stable" UK Jobs Market

18 Feb 2025 at 9 AM - Written by Ben Hughes

STORY LINK Pound Sterling Jumps against Euro and Dollar on "Stable" UK Jobs Market

The Pound rallied against the Euro and Dollar on Tuesday after stronger-than-expected UK wage growth triggered fresh doubts about whether the Bank of England would be able to cut interest rates more aggressively. The Pound to Euro exchange rate (GBP/EUR) hit 6-week highs just above 1.2060. The next resistance area will be around...

CATEGORIES: Pound Sterling Forecasts

GBP/USD Forecast: Pound Sterling Posts 2025 Best Rate on Dollar Retreat

15 Feb 2025 at 5 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Sterling Posts 2025 Best Rate on Dollar Retreat

Two elements have undermined the US Dollar (USD) over the last 24 hours, but the Pound Sterling (GBP) has made headway. As markets closed, the Pound to Dollar exchange rate (GBP/USD) was seen trading at 1.25863, while the Dollar to Pound exchange rate (USD/GBP) was at 0.79452. There has been some relief that the Administration has...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Holds Weekly Trump Tariff Gains Against Euro and Dollar

14 Feb 2025 at 9 AM - Written by Tim Boyer

STORY LINK Pound Sterling Holds Weekly Trump Tariff Gains Against Euro and Dollar

The British Pound spiked higher against the Euro (GBP/EUR) and US Dollar (GBP/USD) exchange rates on the headline UK GDP data but failed to hold the gains as the details within the data were notably less favourable and reinforced reservations over the underlying outlook. ING commented, “Fourth-quarter UK GDP wasn't as bad as it could...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Mann Inflation U-Turn Curbs Pound Sterling Support

11 Feb 2025 at 4 PM - Written by Ben Hughes

STORY LINK Mann Inflation U-Turn Curbs Pound Sterling Support

The Pound to Dollar exchange rate (GBP/USD) retreated to 1-week lows at 1.2335 after dovish comments from BoE member Mann before a tentative recovery to 1.2365 as choppy conditions persisted. According to ING; “1.2250 looks like the near-term target for GBP/USD.” Danske Bank, however, expects the dollar will struggle for now;...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Under Pressure vs EUR and USD as BoE Speeches to Clarify Dovish Shift

11 Feb 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Under Pressure vs EUR and USD as BoE Speeches to Clarify Dovish Shift

Monday’s session on foreign exchange rate markets has been volatile for the third week in a row as more tariff news hits the headlines. The pound sterling is slightly lower following last week’s BoE meeting and the dovish shift in voting patterns. Both Governor Bailey and MPC member Catherine Mann are due to speak on Tuesday...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Bank of England: GBP Losses vs EUR and USD, Markets Expect Three More Rate Cuts in 2025

6 Feb 2025 at 9 PM - Written by Ben Hughes

STORY LINK Bank of England: GBP Losses vs EUR and USD, Markets Expect Three More Rate Cuts in 2025

Pound Sterling traded lower against the Euro and US Dollar into the Bank of England (BoE) decision, not helped by a weaker-than-expected reading for the construction PMI index. Sterling dipped sharply following the BoE cut to 4.50% with markets considering that there is scope for more rate cuts this year. Markets are now pricing in...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling in Freefall Against Dollar and Euro Following BoE Rate Cut

6 Feb 2025 at 8 PM - Written by Frank Davies

STORY LINK Pound Sterling in Freefall Against Dollar and Euro Following BoE Rate Cut

The Pound US Dollar exchange rate plunged on Thursday following the Bank of England’s (BoE) latest interest rate decision. At the time of writing, GBP/USD was trading at approximately $1.2411, up roughly 0.4% from the start of Thursday’s session. Pound (GBP) Tanks as BoE Cut Rates On Thursday, the Pound (GBP) weakened against...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling is a Buy: UK Looks to Dodge Trump’s Trade Wars

5 Feb 2025 at 7 AM - Written by Ben Hughes

STORY LINK Pound Sterling is a Buy: UK Looks to Dodge Trump’s Trade Wars

Risk appetite rebounded strongly during Monday’s New York session as the immediate threat of US tariffs on Mexico and Canada was withdrawn. This positive impact on risk was offset in Asia as the additional 10% tariffs on Chinese exports to the US went into effect with markets also expecting action against the EU. The Pound overall...

CATEGORIES: Pound Sterling Forecasts

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