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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.

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Pound US Dollar Hits Three-Week High amid Upbeat Mood

15 Oct 2021 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Buoyed by Risk-On Trade The Pound US Dollar exchange rate hit a three-week high earlier in Friday’s session as optimism over UK-EU talks on the Northern Ireland protocol and Bank of England (BoE) rate hike expectations support Sterling. Meanwhile, the US Dollar has weakened at the end of the week due to...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD News: Pound US Dollar Exchange Rate Firms on Strong UK Employment Data

12 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound (GBP) Strengthens on Strong...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Trades in Narrow Range on Mixed UK Stimuli

11 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Fluctuates on Mixed Trading Stimuli The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range today as Sterling faces mixed trading impetus while the US Dollar (USD) lacks significant data. At the time of writing, GBP/USD is trading at $1.3622, virtually unchanged from today’s opening...

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Pound US Dollar Forecast: GBP/USD Edges Higher on Dire US Payrolls Data

8 Oct 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Strengthens Following Dire US Payrolls The Pound US Dollar (GBP/USD) exchange rate finished the week on firm footing following much lower-than-expected US non farm payrolls data. After the US jobs report printed, USD exchanges rates dipped as the data raised doubts whether the Federal Reserve would still tighten...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Firms amid Risk-On Trade

23 Sep 2021 at 1 PM - Written by John Cameron

GBP/USD Rallies amid Bullish Market Mood The Pound US Dollar (GBP/USD) exchange rate has bounced off five-week lows today despite multiple headwinds buffeting the Pound. The upside in GBP/USD is primarily driven by a pullback in the US Dollar (USD) as a risk-on market mood saps demand for the safe-haven ‘Greenback’. Pound...

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Pound US Dollar (GBP/USD) Exchange Rate Lowers Despite Risk-On Mood

22 Sep 2021 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Sinks on Trade Deal Comments The Pound US Dollar (GBP/USD) exchange rate has fallen marginally today as GBP confidence declines on trade deal headwinds. US Dollar (USD) sentiment is surprisingly upbeat ahead of this afternoon’s Federal Reserve decision, as fifteen major banks concur that imminent tapering is...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound Despite Lingering Risk Aversion

13 Sep 2021 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Trades Sideways on Lack of Data The Pound US Dollar (GBP/USD) exchange rate traded in a narrow range today as both currencies lacked significant data. Movement in the Pound (GBP) was instead stimulated by risk sentiment and Covid developments, while the US Dollar (USD) found support on Fed tapering...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher Despite Growing Risk-Off Mood

9 Sep 2021 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises Despite Strong US Jobs Data The Pound US Dollar (GBP/USD) exchange rate rose by 0.2% despite growing demand for the safe-haven ‘Greenback’ as concerns grow over new variations of Covid-19, which could potentially evade vaccination. The pairing is currently trading around $1.38. As a result, souring risk...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Weakens on Sour Market Mood

6 Sep 2021 at 11 AM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange has weakened today as a disappointing PMI reading from UK did little to support Sterling appeal. At the time of writing the GBP/USD pairing are trading at around $1.3838 level as a sour market mood and positive rise in US treasury yields bolsters the ‘Greenback’. Pound Sterling (GBP)...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Edges Higher as US Non-Farm Payrolls Fall

3 Sep 2021 at 1 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange has been mixed for much of the day as the latest services PMI from the UK failed to impress investors. At the time of writing the GBP/USD pairing are trading at around $1.3958 as a sour market mood and positive US personal spending figures bolster the US Dollar. Pound Sterling (GBP) Exchange...

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