Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Dollar forecast - GBP USD

A round up of the latest Pound Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 16:42:18 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.36486 +0.03% 1.36233 1.371865 1.36441

GBP to USD Exchange Rate Hits 2 and a Half Year Best Ahead of Joe Biden Inauguration

20 Jan 2021 at 3 PM - Written by James Fuller

Despite anticipation for a better outlook for the US economy under the upcoming Joe Biden administration, the British Pound to US Dollar (GBP/USD) exchange rate has still been advancing today. Investors bought the Pound in reaction to this morning’s better than expected UK inflation data, combined with hopes that Britain’s coronavirus...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Muted in Anticipation of US Initial Jobless Claims Data

14 Jan 2021 at 1 PM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Under Pressure Ahead of Jobless Claims Data The Pound to US Dollar (GBP/USD) exchange rate struggled to find any particular traction ahead of the latest US initial jobless claims data. With market risk appetite elevated once again, thanks to improved Chinese trade data, the US Dollar saw limited...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Hits New January Worst as BoE Negative Rate Bets Rise

11 Jan 2021 at 4 PM - Written by Tim Boyer

Concerns about surges of coronavirus infections in Britain, combined with rising speculation that the Bank of England (BoE) could introduce negative interest rates soon, have left the British Pound to US Dollar (GBP/USD) exchange rate tumbling today. A rebounding US Dollar has been able to more easily capitalise on the Pound’s losses. The...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Attempt Recovery as Moderna Vaccine Approved for UK Use

8 Jan 2021 at 3 PM - Written by Frank Davies

The British Pound to US Dollar (GBP/USD) exchange rate is attempting to rebound again today, but has generally remained within the same lower region throughout this week. While a third coronavirus vaccine was approved for UK use, concerns about Britain’s economic resilience amid a third national lockdown persist, and the US Dollar’s...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Begins Recovery as US Democratic Party Could Control Senate

6 Jan 2021 at 3 PM - Written by James Fuller

After plunging at the beginning of the week, the British Pound to US Dollar (GBP/USD) exchange rate is making a recovery attempt today. Investors are buying the Pound again as the US Dollar is sold on higher market risk-sentiment. While coronavirus jitters are weighing on Sterling, the US Dollar is being sold today as investors react to...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Testing 2 and a Half Year Best Levels as Brexit Deal Relief Buoys Sterling

4 Jan 2021 at 12 PM - Written by Ben Hughes

A combination of Brexit relief and some strong UK data helped the British Pound to US Dollar (GBP/USD) exchange rate continue to climb in its best levels in years today. The US Dollar continues to suffer as markets betting on a global recovery from the coronavirus pandemic buy riskier assets. Even uncertainty around Britain’s coronavirus...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Hits 31-Month High on US Stimulus Anticipation

31 Dec 2020 at 12 PM - Written by Frank Davies

Pound US Dollar (GBP/USD) Exchange Rate Shrugs off Tightened UK Social Restrictions The announcement of tightened social restrictions in the UK was not enough to keep the Pound to US Dollar (GBP/USD) exchange rate from rising to a 31-month high ahead of the New Year. While worries over the outlook of the UK economy remain this failed to...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Near 2020 Best Once More as Brexit Deal Reportedly Imminent

24 Dec 2020 at 12 PM - Written by Toni Johnson

Despite a boost in safe haven demand at the beginning of the week, the British Pound to US Dollar (GBP/USD) exchange rate is once again approaching its best levels in years. As markets await an imminent Brexit deal announcement, the US Dollar’s safe haven appeal has been dampened and the Pound is capitalising on the market’s Brexit...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Struggles to Sustain Recovery as Investors Look to Safe Havens

22 Dec 2020 at 4 PM - Written by John Cameron

Despite reports of a new strain of the coronavirus in Britain, the British Pound to US Dollar (GBP/USD) exchange rate has been recovering from its worst levels on a combination of Brexit hopes and UK data today. However, the US Dollar’s own fortunes are reversing after weeks of poor performance, as markets start to look for safer...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rates Soar 1.4% as UK-EU Brexit Talks Progress Deliver Sterling Gains

14 Dec 2020 at 3 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate soared by 1.4% today as hopes of a post-Brexit trade deal escalate as UK-EU trade talks continue. The pairing is currently fluctuating around $1.342. Michel Barnier, the EU’s Chief Negotiator, said that a trade agreement between the two sides was ‘still possible’. However, Barnier...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts