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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 16:55:58 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.338185 +0.15% 1.330415 1.33934 1.33619

GBP to USD Exchange Rate at 2 and a Half Month Best amid Brexit and Coronavirus Hopes

23 Nov 2020 at 4 PM - Written by John Cameron

Hopes for optimistic developments in the ongoing Brexit and coronavirus situations is keeping the British Pound to US Dollar (GBP/USD) exchange rate strong today. Markets remain hopeful that the UK and EU negotiators are getting closer to reaching a Brexit deal, while coronavirus vaccine news is making markets even more optimistic. This is...

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Pound to US Dollar (GBP/USD) Exchange Rate Edges Higher Despite Concerns for UK Economy

18 Nov 2020 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Rises Despite Worries Over No-Deal Brexit The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.329. Sterling rose against the ‘Greenback’ following today’s publication of the UK Consumer Price Index for October, which beat forecasts and rose by 0.7%...

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Pound to US Dollar (GBP/USD) Exchange Rate Falls as US Election Uncertainty Boosts Safe-Haven Demand

4 Nov 2020 at 1 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as US Elections in Focus The Pound to US Dollar (GBP/USD) exchange rate fell by 0.8% today, with uncertainty over the result of US general election remaining in balance, with Democrat presidential candidate Joe Biden currently leading at 238 to 213. Consequently, safe-haven demand for the ‘Greenback’...

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Pound to US Dollar (GBP/USD) Exchange Rate Rises as US Political Developments Remain in Focus

3 Nov 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Rises as Hopes of US Biden Victory Steadies Risk Sentiment The Pound to US Dollar (GBP/USD) exchange rate rose by 0.9% today, with the pairing currently trading around $1.304. Sterling rose against the US Dollar (USD) today as the US faces the hotly debated 2020 presidential elections. As a result, investors are...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Under Pressure Ahead of Lockdown 2 and 2020 Presidential Election

2 Nov 2020 at 4 PM - Written by Tim Boyer

Intensifying uncertainty over the coronavirus pandemic and the US 2020 Presidential Election are keeping the British Pound to US Dollar (GBP/USD) exchange rate under pressure today. However, with major developments almost a certainty this week, the pair may be in for huge volatility in the coming sessions as global markets turn attentions...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Safe-Haven Demand Rises on Covid-19 Crisis

29 Oct 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as Safe-Haven Demand Soars The Pound to US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently trading around $1.294. The US Dollar (USD) has continued to rise today with investors flocking to the safe-haven ‘Greenback’ as Covid-19 cases rise worldwide, prompting a board market...

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Pound to US Dollar (GBP/USD) Exchange Rate Rises on Hopes of a Last-Minute Brexit Deal

27 Oct 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher Despite Grim Outlook for British Retail Sector The Pound to US Dollar (GBP/USD) exchange rate rose by 0.2% today, with the pairing currently trading around $1.304. Sterling edged higher against the US Dollar (USD) following news that Spain and Gibraltar are seeking a last-minute Brexit deal. This...

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Pound US Dollar (GBP/USD) Exchange Rate Slips on Lacklustre UK Service Sector Performance

23 Oct 2020 at 1 PM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Stumbles After Underwhelming UK Services PMI The Pound to US Dollar (GBP/USD) exchange rate came under renewed pressure as October’s flash UK services PMI proved weaker than forecast. As the headline index dipped from 56.1 to 52.3 on the month this indicated that the sector has struggled to hold...

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GBP to USD Exchange Rate Slumps Again as UK Brexit and Coronavirus Jitters Hit

15 Oct 2020 at 4 PM - Written by Ben Hughes

A combination of UK uncertainties and higher market demand for safe havens is keeping the British Pound to US Dollar (GBP/USD) exchange rate weaker this week. Investors are avoiding the Pound amid concerns that Brexit negotiations could collapse or Britain could see worsening coronavirus restrictions. Meanwhile, the US Dollar remains...

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Pound to US Dollar Exchange Rate: GBP/USD Shakes off Stronger US Producer Price Index

14 Oct 2020 at 2 PM - Written by John Cameron

Improved US Producer Price Index Unable to Dent Pound US Dollar Exchange Rate A better-than-expected performance from September’s US producer price index data was not enough to keep the Pound to US Dollar (GBP/USD) exchange rate from rallying. While the data pointed towards a modest uptick in inflationary pressure on both the month...

CATEGORIES: Pound Dollar Forecasts