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Pound Dollar forecast -

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

Pound to Dollar Forecast: 1.45 if USD Reverts to Historic Mean

11 May 2025 at 5 PM - Written by Frank Davies

RBC Capital Markets (RBC) expects a tentative Pound to Dollar exchange rate (GBP/USD) gain to 1.39 by the second quarter of 2026 as the dollar loses ground. If the dollar reverts to historic mean levels, Westpac notes that GBP/USD could reach 1.45. Standard Chartered, however, expects a GBP/USD retreat to at least 1.30. GBP/USD...

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Pound to Dollar Forecasts Maintain "Downside Risk" say UoB

9 May 2025 at 2 PM - Written by Ben Hughes

The Pound to Dollar exchange rate (GBP/USD) briefly hit 1.3350 on the Bank of England policy decision and UK-US trade deal before a retreat to lows near 1.3200 as the dollar posted strong gains in global markets. GBP/USD recovered to 1.3270 on Friday as the dollar lost some of the gains, but has more work to do to negate the...

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GBP/USD Forecast: Pound Rebounds Against Dollar as BoE Strikes Cautious Tone

8 May 2025 at 5 PM - Written by Ben Hughes

The Pound-to-Dollar exchange rate wavered on Thursday but ultimately found a foothold, bolstered by a slightly more hawkish tone from the Bank of England (BoE) and renewed optimism over UK-US trade ties. At the time of writing, GBP/USD was trading around $1.3329, having rebounded from earlier lows following a turbulent twenty-four...

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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...

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GBP/USD Forecast: Pound to Trade "Back to 1.3445 High" Over Next Few Days

7 May 2025 at 5 PM - Written by Ben Hughes

The Pound to dollar exchange rate (GBP/USD) has again found support below 1.3300 and advanced to 1.3365 in early US trading on Wednesday. The dollar index (DXY) traded around 99.45. ING expects the dollar will continue to struggle while it expects that markets are too aggressive over near-term Bank of England rate-cut...

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Pound-to-Dollar Rate Rangebound Between 1.33-1.34 Ahead of Fed

7 May 2025 at 1 PM - Written by David Woodsmith

The Pound to US Dollar exchange rate (GBP/USD) traded in a narrow range on Wednesday, as markets braced for the Federal Reserve’s latest interest rate decision. At the time of writing, GBP/USD was hovering at $1.3340. Almost unchanged from Wednesday’s opening levels. The US Dollar (USD) saw limited movement during...

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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...

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GBP/USD Forecast: Pound Testing Best Buy vs Dollar of 3 Years

6 May 2025 at 10 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) found support at 1.3260 and rallied to 1.3330 as the dollar stumbled again. The US dollar has remained vulnerable in global markets with further speculation that losses against Asian currencies will be a catalyst for wider losses. ING considers medium-term worries are justified, but sees...

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Pound to Dollar Forecast: Consolidation for Now, Longer-Term 1.43

5 May 2025 at 9 AM - Written by Tim Boyer

Bank of America forecasts that the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.43 at the end of 2025 with a further advance to 1.54 at the end of next year. HSBC has lowered its dollar outlook with the end-2025 dollar forecast at 1.32 from 1.23 previously. GBP/USD hit 3-year highs just below 1.3450 during the week...

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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...

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