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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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GBP USD Forecast Pound to US Dollar Exchange Rate Strengthens

18 May 2021 at 1 PM - Written by John Cameron

STORY LINK GBP USD Forecast Pound to US Dollar Exchange Rate Strengthens

The Pound to US Dollar (GBP/USD) exchange has strengthened today following the latest employment data from the UK. At the time of writing the GBP/USD pairing are trading at around $1.4194 as an upbeat market mood weighs on the US Dollar. Pound Sterling (GBP) Exchange Rate Supported by UK Employment Data The Pound has been supported...

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GBP/USD Forecast: Pound to US Dollar Exchange Rate Muted Ahead of US Retail Sales Data

14 May 2021 at 11 AM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Muted Ahead of US Retail Sales Data

Pound (GBP) Exchange Rates Dented by Bank of England Governor’s Comments The Pound to US Dollar (GBP/USD) exchange rate remained on a softer footing in the wake of comments from Bank of England (BoE) Governor Andrew Bailey. As Bailey indicated that inflation is unlikely to remain elevated for long this added to expectations of the...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Weakens on US Inflation Data

13 May 2021 at 1 PM - Written by John Cameron

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Weakens on US Inflation Data

The Pound to US Dollar (GBP/USD) exchange has weakened today after markets digest the latest rise in inflation from the US. At the time of writing the GBP/USD pairing are trading at around $1.4033 as optimism surrounding the UK’s lockdown easing helps to limit any major losses. Pound Sterling (GBP) Exchange Rate Weakens on Lack of...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Mixed on UK Lockdown Easing

11 May 2021 at 3 PM - Written by John Cameron

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Mixed on UK Lockdown Easing

The Pound to US Dollar (GBP/USD) exchange rate has been mixed for much of the day as Sterling continues to be supported by England’s roadmap out of lockdown. At the time of writing the GBP/USD pairing are trading at around $1.4142 as USD tries to pullback from disappointing employment data from the US at the end of last week. Pound...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as Boris Johnson Reiterates Plan to Ease Lockdown on 17 May

10 May 2021 at 2 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rises as Boris Johnson Reiterates Plan to Ease Lockdown on 17 May

GBP/USD Exchange Rate Edges Higher as UK Economic Confidence Continues to Grow The Pound US Dollar (GBP/USD) exchange rate rose by 0.7% today after Prime Minister Boris Johnson reiterated that the UK’s roadmap for easing lockdown restrictions ‘remains on track’. The pairing is currently trading around $1.40. Sterling headed higher...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Rallies on Major Non-Farm Payrolls Slowdown

7 May 2021 at 2 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Rallies on Major Non-Farm Payrolls Slowdown

Pound (GBP) Exchange Rates See Limited Support as UK Construction PMI Slips The Pound to US Dollar (GBP/USD) exchange rate stumbled slightly on the back of a weaker-than-expected UK construction PMI. While forecasts had pointed towards the PMI strengthening to 62.3 in April it instead dipped from 61.7 to 61.6, suggesting a slight loss...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Volatile on BoE Interest Rate Decision

6 May 2021 at 3 PM - Written by John Cameron

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Volatile on BoE Interest Rate Decision

The Pound to US Dollar (GBP/USD) exchange has been volatile today following the latest Bank of England (BoE) interest rate decision. At the time of writing the GBP/USD pairing are trading at around $1.3897 as the US Dollar is supported by US jobless claims falling further than expected. Pound Sterling (GBP) Exchange Rate Mixed on BoE...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Set to Shed Further Ground on Strengthening ISM Manufacturing PMI

30 Apr 2021 at 4 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Set to Shed Further Ground on Strengthening ISM Manufacturing PMI

Pound (GBP) Exchange Rates Falter in Spite of UK Housing Price Index Increase A solid uptick in the Nationwide house price index was not enough to keep the Pound to US Dollar (GBP/USD) exchange rate from shedding ground. While prices saw growth of 2.1% on the month in April, reversing the previous month’s -0.3% contraction, this...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Mixed on UK Economic Optimism

29 Apr 2021 at 2 PM - Written by John Cameron

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Mixed on UK Economic Optimism

The Pound to US Dollar (GBP/USD) exchange is mixed today after the latest US jobless claims released this afternoon missed forecasts. At the time of writing the GBP/USD pairing are trading at around $1.3959 as the Pound continues to find support in economic optimism surrounding the UK’s recovery from the second wave of the coronavirus...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Slides Back from Month Best as UK Inflation Misses the Mark

21 Apr 2021 at 12 PM - Written by David Woodsmith

STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Slides Back from Month Best as UK Inflation Misses the Mark

Broad US Dollar weakness has persisted this week, causing the British Pound to US Dollar (GBP/USD) exchange rate to hit its best levels in a month. The pair is struggling to hold those highs however, amid a lack of fresh upside support for Sterling. With both the Pound and US Dollar running out of steam lately, volatility may be ahead unless...

CATEGORIES: Pound Dollar Forecasts

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