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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 17:56:34 Pound Dollar Rate »
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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...

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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...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound US Dollar Strengthens on Disappointing US Employment Change

2 Sep 2021 at 8 AM - Written by John Cameron

The Pound US Dollar (GBP/USD) exchange rate has strengthened throughout the day as disappointing ADP employment change figures from the US did nothing to support the ‘Greenback’. The GBP/USD pairing are currently trading around the $1.3796 level as a better-than-expected UK manufacturing PMI supported the appeal of Sterling. Pound...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Dips as UK Supply Chain Crisis Weighs on Sterling

25 Aug 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Economic Optimism Dwindles The Pound US Dollar (GBP/USD) exchange rate dipped today following reports that the UK’s supply chain crisis appears to be worsening, according to the Confederation of British Industry (CBI). The pairing is currently trading around $1.37. As a result, confidence in the UK...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rangebound as Covid-19 Fears Dent US Consumer Morale

16 Aug 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Steady, US Consumer Morale Deteriorates The Pound US Dollar (GBP/USD) exchange rate held steady today following the slide in US Michigan consumer confidence on Friday, which dropped considerably below expectations. The pairing is currently trading around $1.38. Analysts at Bloomberg explained: ‘US consumer...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP USD Forecast Pound to US Dollar Exchange Rate Weakens as Non-Farm Payrolls Impress

6 Aug 2021 at 2 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange has weakened today as a lack of economic data from the UK does little to support the appeal of Sterling heading into the weekend. At the time of writing the GBP/USD pairing are trading at around $1.3912 as a sour market mood bolsters the appeal of the ‘Greenback’ as the latest non-farm payroll...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound to US Dollar Exchange Rate Edges Higher on back of Bank of England Decision

5 Aug 2021 at 10 AM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange has strengthened this morning as markets await the latest interest rate decision from the Bank of England (BoE) later on today. At the time of writing the GBP/USD pairing are trading at around $1.3911 level as a sour market mood limits any major losses from the US Dollar today. Pound Sterling...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Edges Higher as US Manufacturing PMI Underwhelms

3 Aug 2021 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Rises as US Manufacturing Growth Cools The Pound US Dollar (GBP/USD) exchange rate edged higher today following yesterday’s lacklustre US ISM manufacturing PMI for July, which fell below forecasts from 60.6 to 59.5, sparking concerns for the world’s largest economy. The pairing is currently fluctuating around...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts