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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 13:33:39 Pound Dollar Rate »
GBP/USD -0.01 Days Low Days High Last Daily
1.21433 ▼ -0.72% 1.21422 1.22461 1.22316

Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

14 Jan 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

The Pound US Dollar exchange rate dropped significantly on Monday as ongoing concerns over the UK’s bond market continued putting pressure on the British currency. The British Pound (GBP) faced further decline and continued on its downward trend against most major currencies. The British currency remained under significant...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

13 Jan 2025 at 1 PM - Written by David Woodsmith

STORY LINK Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

The British Pound Sterling came under renewed pressure on Monday as sellers looked to trigger further pressure and position liquidation. The Pound to Dollar (GBP/USD) exchange rate has slumped to fresh 14-month lows at 1.2110. ING had expected GBP/USD support around 1.2250 but now expects that there will be a further slide to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Slides vs Dollar After US Jobs Data

12 Jan 2025 at 8 PM - Written by Tim Boyer

STORY LINK Pound Sterling Slides vs Dollar After US Jobs Data

Stronger-than-expected US data triggered a fresh surge in US and global bond yields on Friday. Higher yields triggered fresh gains in the dollar and there were further concerns surrounding the UK outlook as yields also jumped towards 16-year highs. The Pound to Dollar (GBP/USD) exchange rate slumped to 14-month lows just below...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

12 Jan 2025 at 8 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Forecast for Week Ahead: Sell to 1.1750?

MUFG recommends selling the Pound to Dollar (GBP/USD) exchange rate with a target of 1.1750. There was a slide in UK bonds during the week with a jump in yields as the 10-year yield hit a 16-year high while the 30-year yield hit the highest level since 1998. Upward pressure on US yields contributed to the selling of US...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound US Dollar Exchange Rate Tests 1.228 on Renewed Trade War Concerns

9 Jan 2025 at 10 AM - Written by Toni Johnson

STORY LINK Pound US Dollar Exchange Rate Tests 1.228 on Renewed Trade War Concerns

The Pound to US Dollar exchange rate (GBP/USD) drifted lower on Wednesday as risk-off sentiment took hold of global markets. The US Dollar (USD) advanced on Wednesday, benefiting from a shift in market sentiment as concerns over trade tensions between the US and China resurfaced. Renewed fears of a trade war were triggered by...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Tanks 1.13% lower as US Dollar Steamrolls Higher

9 Jan 2025 at 10 AM - Written by David Woodsmith

STORY LINK Pound Sterling Tanks 1.13% lower as US Dollar Steamrolls Higher

GBPUSD is –1.13% lower on Wednesday as the US dollar steamrolls higher. The yield on UK gilts is spiking higher and the 30-year made 25-year highs. Yields are also higher in the US and other countries as inflation bounces back and data improves. Volatility has stayed high this year and Tuesday was yet another wild session....

CATEGORIES: Pound Dollar Forecasts

US Dollar Exchange Rates Gain as US Bond Market Dominates

9 Jan 2025 at 10 AM - Written by Frank Davies

STORY LINK US Dollar Exchange Rates Gain as US Bond Market Dominates

The dollar has dominated over the past 24 hours with a particular focus on US bond yields. Strong data helped put upward pressure on yields which also boosted the dollar while major uncertainties surrounding US trade policies continued and unsettled risk conditions. The Pound to Dollar (GBP/USD) exchange rate failed to hold the...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Subdued on Strong US Economic Reports

8 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Subdued on Strong US Economic Reports

The Pound to US Dollar exchange rate (GBP/USD) softened on Tuesday, with the pair retreating from earlier gains as US economic data outperformed expectations. The US Dollar (USD) initially came under pressure on Tuesday, weighed down by improved market risk sentiment. Investors were encouraged by reports suggesting the incoming...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

6 Jan 2025 at 2 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Week Ahead Forecast: GBP/USD Firm in Turbulent Week

Monday AM Brief: The Pound to Dollar exchange rate edged higher on Monday ahead of a number of US data releases expected this week. On Monday, the Pound (GBP) experienced a slight rise against most of its major counterparts, even as the UK's final services PMI for December was released. The services PMI, a key indicator for the UK...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

UK Reservations Dampen Sterling Support, Pound to Dollar Exchange Rate Rallies

6 Jan 2025 at 2 PM - Written by Tim Boyer

STORY LINK UK Reservations Dampen Sterling Support, Pound to Dollar Exchange Rate Rallies

After hitting 8-month lows near 1.2350 last week, the Pound to Dollar (GBP/USD) exchange rate has rallied to 1.2475 amid a wider dollar corrective retreat against European currencies. There are important US data releases this week, culminating in Friday’s employment report. ING commented; “This week will see a return of normal...

CATEGORIES: Pound Dollar Forecasts

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