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Pound Sterling Forecast Directory - Page #39

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

GBP/USD Forecast: Pound Sterling Strengthens vs Dollar Following Downbeat US GDP

28 Mar 2025 at 8 AM - Written by Frank Davies

Pound Sterling (GBP) climbed against the US Dollar (USD) on Thursday following the publication of the US’s latest GDP data. At the time of writing, GBP/USD was trading at approximately $1.2943, up roughly 0.5% from the start of Thursday’s session. On Thursday, the US Dollar (USD) weakened against most of its major counterparts...

CATEGORIES: Pound Dollar Forecasts

UK Budget: Growth and Trade Fears Curb Pound Forecast Outlook

27 Mar 2025 at 9 AM - Written by Tim Boyer

Underlying reservations over the UK growth outlook curbed Pound confidence in global markets. Trade fears and wider uncertainty surrounding the international outlook also remained a key element ahead of the April 2nd US Administration announcement on tariffs. The overall budget impact was limited with some relief in the bond market as...

CATEGORIES: Pound Sterling Forecasts

British Pound Steady vs Euro and Dollar following Eurozone and UK Data Releases

25 Mar 2025 at 12 PM - Written by Tim Boyer

The Pound was trapped in a narrow range against currency peers Euro and US Dollar on Tuesday following the release of some economic data from the Eurozone and the UK. At the time of writing, the Pound to Euro exchange rate GBP/EUR was trading at around €1.1971, virtually unchanged from Tuesday’s opening levels. On Tuesday, the...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Gains vs Euro After Latest Business Confidence Index

24 Mar 2025 at 3 PM - Written by Frank Davies

At the start of a very busy week for the UK economy and markets, the Pound (GBP) secured a limited net gain against the Euro (EUR) on Monday. The Pound to Euro (GBP/EUR) exchange rate also secured a limited advance to near 1.1960 as the overall PMI business confidence index hit a 6-month high despite a further slump in...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Forecast: "Bullish Outside Range Reversal" say Analysts

24 Mar 2025 at 3 PM - Written by Tim Boyer

The Pound US Dollar exchange rate traded mostly flat on Monday as the UK and the US both released their respective preliminary S&P Global PMIs. At the time of writing, GBP/USD was trading at approximately $1.2925, virtually unchanged from the start of Monday’s session. Pound (GBP) Stays Strong despite Mixed PMIs On Monday, the...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Pound Sterling Forecast: "Breach of 1.2930" Would Show Top vs Dollar

21 Mar 2025 at 12 PM - Written by Frank Davies

Reservations over the UK economic situation and expectations of budget tightening next week hampered the Pound on Friday while a further setback to risk appetite also unsettled Sterling in global markets as equities lost ground again. The Pound to Dollar (GBP/USD) exchange rate retreated to 1.2925 after again failing to sustain a break...

CATEGORIES: Pound Euro Forecasts

Bank of England: Pound Sterling Could Dive vs Euro, Dollar on Unexpected BoE Cut

19 Mar 2025 at 5 PM - Written by David Woodsmith

There are very strong expectations that the Bank of England will hold interest rates at 4.50% this week with all 61 economists in the latest Reuters survey calling for no change. - The Pound will slump if there is an unexpected cut. - Assuming rates are left at 4.50%, the vote split and guidance will be the key elements. -...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Forecast vs Euro Ranges: Strong Support on Dips to 1.177

18 Mar 2025 at 8 PM - Written by James Fuller

On Tuesday, the German parliament (Bundestag) approved the constitutional change to exempt defence and security spending from the debt brake. The huge German spending commitment is in stark contrast to UK pressure to tighten policy. The Euro had priced in the approval, limiting scope for further buying, but did secure limited further...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Test of 1.2990 Best "is Developing"

17 Mar 2025 at 9 PM - Written by David Woodsmith

Pound Sterling (GBP) was rangebound versus the US Dollar (USD) on Monday despite the release of some underwhelming US retail sales data. At the time of writing, the Pound US Dollar exchange rate was trading at approximately $1.2971, virtually unchanged from the start of Monday’s session. On Monday, the US Dollar (USD) faced...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Unable to Break 1.30 - Where Next?

13 Mar 2025 at 3 PM - Written by Tim Boyer

The Pound to Dollar exchange rate (GBP/USD) peaked at 4-month highs just below 1.2990 on Wednesday before a retreat to near 1.2950. Huge global influences of trade wars and the Ukraine situation will remain crucial for markets with stock market trends also watched very closely. Markets will also have to factor in the possibility of...

CATEGORIES: Pound Dollar Forecasts