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Pound Dollar forecast - GBP USD

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

LIVE EXCHANGE RATE 23:46:00 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.31194 -0.19% 1.30970 1.31512 1.31442

GBP to USD Exchange Rate Recovers Last Week’s Losses as UK Job Data Softens Bank Speculation

21 Jan 2020 at 3 PM - Written by John Cameron

Following a week of poor UK data in which the Pound was held back by Bank of England (BoE) interest rate cut bets, the British Pound to US Dollar (GBP/USD) exchange rate has seen a jump in demand today. The Pound is being supported by the latest UK job stats which are dousing Bank of England bets for now, while demand for the US Dollar has...

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Pound US Dollar (GBP/USD) Exchange Rate Flat as US Markets Close

20 Jan 2020 at 3 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Flat as Markets Focus on BoE The Pound Sterling US Dollar (GBP/USD) exchange rate remained muted as US markets closed for Martin Luther King Day, leaving the pairing trading at around $1.2989. Sterling remained under pressure as the lack of notable economic data caused markets to shift...

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Pound US Dollar (GBP/USD) Exchange Rate Dips, UK Retail Sales Fall in December

17 Jan 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Eases as BoE Rate Cut Fears Rise on Poor UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.304 after December’s UK retail sales unexpectedly fell by -0.6% month-on-month, while the year-on-year figure fell below forecasts to 0.9%. Quantitative...

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Pound US Dollar (GBP/USD) Exchange Rate Slumps as US Deficit Hits 3-Year Low

7 Jan 2020 at 4 PM - Written by Frank Davies

Narrowed US Trade Deficit Drags Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower A sharper-than-expected narrowing of the US trade deficit saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slip on Tuesday. While forecasts had pointed towards an improvement in US trade investors were still impressed to find that the...

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GBP to USD Exchange Rate Plummets as Military Action Leaves Investors Piling into Safe Havens

3 Jan 2020 at 12 PM - Written by James Fuller

A combination of limp market demand for the Pound, as well as a surge in safe haven demand, have knocked the British Pound to US Dollar (GBP/USD) exchange rate down before markets close for the week. A US air strike in Iraq took place overnight and has caused a surge in global geopolitical jitters. These fresh uncertainties have led to...

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Pound US Dollar Exchange Rate Sinks as Brexit Cliff-Edge Fears Continue to Haunt UK Markets

23 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Economic Outlook Dampened by Brexit The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently trading around $1.294 as markets continue to react negatively to Prime Minister Boris Johnson’s new Withdrawal Agreement Bill, which limits the ‘transition period’ for the...

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Pound US Dollar (GBP/USD) Exchange Rate Sinks as Boris Johnson Seeks to Cap Brexit Transition Period

17 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls, No-Deal Brexit Fears Return The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.316 following news that Prime Minister Boris Johnson would attempt to put into law a prohibition to any extension to the Brexit transition period beyond December 2020....

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Pound to Dollar Exchange Rate: GBP/USD Slips Back from Year and a Half Best as Brexit Speculation Returns

13 Dec 2019 at 12 PM - Written by John Cameron

Following a sharp surge in reaction to UK General Election news last night, investors sold the British Pound to US Dollar (GBP/USD) exchange rate back from its best levels today as markets looked ahead to what was next for the Brexit process and Britain’s economy. Meanwhile, the US Dollar was easily able to push the pair back down from its...

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GBP to USD Exchange Rate Tests Fresh 8-Month-Best despite Concerns on UK Economic Outlook

10 Dec 2019 at 3 PM - Written by Frank Davies

Concerns about the US economic outlook, combined with US-China trade war fears and UK General Election hopes, are making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to hold its best levels this week. The Pound outlook is sensitive though, and could see significant shifts depending on how Thursday’s election unfolds....

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GBP to USD Exchange Rate Slips from Highs but Dollar Strength Limited

28 Nov 2019 at 3 PM - Written by Toni Johnson

Due to a combination of lingering UK election uncertainty and yesterday’s strong US data, the British Pound to US Dollar (GBP/USD) exchange rate has struggled to hold its best weekly levels. However, the pair is still trending strongly overall thanks to the latest UK election polls, as well as fresh US-China trade uncertainties weighing on...

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