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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 Exchange Rate Under Pressure as US Industrial Production Improves

17 Apr 2018 at 4 PM - Written by Frank Davies

STORY LINK GBP USD Exchange Rate Under Pressure as US Industrial Production Improves

Although the UK unemployment rate unexpectedly fell to a fresh forty-two year low on Tuesday this failed to give the Pound US Dollar (GBP/USD) exchange rate a boost. While the UK labour market continued to tighten this did not result in any particular uptick in average weekly earnings, which showed steady growth of 2.8% in the three months...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Surges Higher Ahead of UK Wage Growth Data

16 Apr 2018 at 3 PM - Written by Ben Hughes

STORY LINK GBP USD Exchange Rate Surges Higher Ahead of UK Wage Growth Data

Although the latest US advance retail sales data bettered forecast this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend. While the 0.6% uptick on the year reversed the -0.1% contraction seen in February the mood towards the US Dollar remained generally muted. Confidence in the Pound, meanwhile, strengthened in...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets

13 Apr 2018 at 3 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Ends Week Near Post-Brexit Highs on Bank of England (BoE) Bets

Underwhelming UK data was not enough to keep the Pound weak last week, as the British Pound to US Dollar (GBP/USD) exchange rate put in solid gains throughout the week thanks to bets of Bank of England (BoE) hawkishness, as well as geopolitical tensions weighing on the US Dollar. Thanks to broad Pound strength and heavily mixed US Dollar...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures

12 Apr 2018 at 4 PM - Written by James Fuller

STORY LINK GBP USD Exchange Rate Accelerates on Rising US Jobless Claims Figures

Even though March’s Federal Open Market Committee (FOMC) meeting minutes proved a little more hawkish in tone this failed to knock the Pound US Dollar (GBP/USD) exchange rate off an uptrend for long. The minutes were not particularly surprising, given the recent trend of solid US data and rising inflationary pressure. All in all, the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Continues to Gain on Solid Bank of England (BoE) Interest Rate Hike Bets

10 Apr 2018 at 10 AM - Written by David Woodsmith

STORY LINK GBP to USD Exchange Rate Continues to Gain on Solid Bank of England (BoE) Interest Rate Hike Bets

Amid solid UK housing data and hawkish comments from Bank of England (BoE) officials, the British Pound to US Dollar (GBP/USD) exchange rate has seen solid gains in recent sessions. US Dollar demand has been mixed due to trade uncertainties, despite attempts to calm persistent ‘trade war’ fears. After gaining from 1.4013 to 1.4085 last...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Sees Late-Week Jump on US Non-Farm Payrolls and Trade Concerns

6 Apr 2018 at 5 PM - Written by Minesh Chaudhari

STORY LINK GBP to USD Exchange Rate Sees Late-Week Jump on US Non-Farm Payrolls and Trade Concerns

Markets didn’t react too favourably to the latest US Non-Farm Payroll results, which came in well below expectations in most prints. As a result, the British Pound to US Dollar (GBP/USD) exchange rate saw some gains towards the end of Friday’s European session and was on track to sustain gains. After slipping from 1.4131 to 1.4013 last...

CATEGORIES: Pound Dollar Forecasts

Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance

6 Apr 2018 at 12 PM - Written by Toni Johnson

STORY LINK Rise in UK Productivity Levels Inspires Minor Pound to US Dollar Exchange Rate Advance

On Thursday’s trading session, the Pound to US Dollar exchange rate saw an overall decline, opening in the region of 1.4088 but closing down lower around 1.4008. Pound to US Dollar Exchange Rate Improves after UK Productivity Reported Higher The Office for National Statistics (ONS) has contributed to today’s GBP/USD exchange rate...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slides ahead of US GDP Readings

28 Mar 2018 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Slides ahead of US GDP Readings

Fresh Irish Border Solution Imminent GBP/USD Exchange Rate Fails to Capitalise The Pound US Dollar (GBP/USD) exchange rate fell on Wednesday, failing to capitalise on reports that a fresh solution to the Irish border conundrum could be near. According to reports from The Times, Irish officials have been told to expect new plans from...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Tumbles from Monthly Highs as Dollar Rebounds

27 Mar 2018 at 3 PM - Written by Tim Boyer

STORY LINK GBP to USD Exchange Rate Tumbles from Monthly Highs as Dollar Rebounds

A lack of fresh support for the Pound this week, as well as trade news boosting the US Dollar, knocked the British Pound to US Dollar (GBP/USD) exchange rate by over half a cent on Tuesday. The pair could continue to slip in the coming days if UK data doesn’t impress investors. Thanks to Brexit and Bank of England (BoE) news, GBP/USD...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Advances as US Political and Trade Uncertainties Continue to Weigh

26 Mar 2018 at 5 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Advances as US Political and Trade Uncertainties Continue to Weigh

Despite market hopes that the US was beginning talks with China over trade in efforts to avoid a ‘trade war’, the British Pound to US Dollar (GBP/USD) exchange rate continued to climb on Monday. The Pound continued to be supported by last week’s Brexit and Bank of England (BoE) news. Thanks to the Brexit and BoE developments last...

CATEGORIES: Pound Dollar Forecasts

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