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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 18:39:18 Pound Dollar Rate »
GBP/USD -0.01 Days Low Days High Last Daily
1.29779 -0.68% 1.29568 1.30900 1.30665

GBP/USD Exchange Rate Static ahead of Potential Crash on Fed Interest Rate Hike

26 Sep 2018 at 5 PM - Written by James Fuller

On Tuesday, the Pound opened trading at a level of $1.3117 and closed higher around $1.3178. There was little domestic data, so Pound Sterling was instead supported by a sustained positive reaction to Monday’s remarks from Brexit Secretary Dominic Raab. Mr Raab rejected Prime Minister Theresa May’s assertion last week that Brexit...

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GBP to USD Exchange Rate Struggles to Hold Best Levels on US-China Trade Jitters

18 Sep 2018 at 12 PM - Written by James Fuller

The US Dollar has seen notable losses so far this week, as investors sell the strong currency from its best levels in profit-taking and amid underwhelming US data in recent sessions. However, the British Pound to US Dollar exchange rate has been unable to hold its best levels, as worsening US-China trade jitters mean that safe haven...

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GBP to USD Exchange Rate Hits Monthly High on Hopes for Brexit Deal Within 8 Weeks

11 Sep 2018 at 12 PM - Written by Toni Johnson

While Brexit uncertainties and US Dollar resilience have kept the pressure up, the British Pound to US Dollar (GBP/USD) exchange rate touched new monthly highs on Tuesday morning thanks to fresh optimism in UK-EU Brexit negotiations, as well as some surprisingly strong UK wage data. Despite some late-week Brexit optimism, GBP/USD still...

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Pound US Dollar (GBP/USD) Exchange Rate Restrained by Global Unease

13 Aug 2018 at 1 PM - Written by John Cameron

GBP/USD Exchange Rate Steadies as Geopolitical Storm Calms Following a busy week for the Pound US Dollar (GBP/USD) exchange rate, the pairing is trading in a narrow margin today. Last week saw substantial losses in GBP value relative to USD as a combination of Brexit jitters and the US-China trade war saw investors flock to the safe...

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GBP to USD Exchange Rate Tumbles Further as No Deal Brexit Fears Dominate Trade

8 Aug 2018 at 5 PM - Written by Ben Hughes

While there have been no UK economic developments this week so far, the British Pound to US Dollar (GBP/USD) continues to be sold largely on worsening market fears that the UK could leave the EU with a ‘no deal’ Brexit – often seen as a worst-case scenario by economists. Following last week’s fall from 1.3103 to 1.3001, GBP/USD...

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GBP to USD Exchange Rate Hits Worst Level Since August 2017 as ‘No Deal’ Brexit Fears Worsen

6 Aug 2018 at 4 PM - Written by James Fuller

A strong US Dollar easily capitalised on a broadly weak Pound last week and the British Pound to US Dollar (GBP/USD) exchange rate tumbled as Brexit jitters weighed on Britain’s economic outlook, while the US Dollar benefitted from market expectations that the US economy would continue to strengthen over the coming year. Initially after...

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GBP USD Exchange Rate Remains Under Pressure Thanks to Dovish BoE Policy Outlook

3 Aug 2018 at 9 AM - Written by Frank Davies

In spite of Bank of England (BoE) policymakers voting unanimously to raise interest rates on Thursday the Pound US Dollar (GBP/USD) exchange rate soon came under renewed pressure. Even as interest rates increased from 0.50% to 0.75% the mood towards the Pound deteriorated, largely driven by the latest commentary from BoE Governor Mark...

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One-Off BoE Interest Rate Hike Drags Pound to US Dollar (GBP/USD) Exchange Rate Down

2 Aug 2018 at 5 PM - Written by Tim Boyer

On Wednesday, the Pound to US Dollar exchange rate opened in the region of $1.3126 and closed at a similar level, making daily movement minimal. The static GBP/USD trading was down to tension among Pound Sterling traders in the lull before Thursday’s Bank of England (BoE) interest rate decision. Although a rate hike seemed likely at...

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GBP to USD Exchange Rate Slips from Highs as Investors Digest US-EU Trade Talks and Dollar Steadies

26 Jul 2018 at 1 PM - Written by Frank Davies

While Wednesday night’s developments in US-EU trade talks led to fresh weakness in the US Dollar, the British Pound to US Dollar (GBP/USD) exchange rate’s strength is still limited and on Thursday had shed some of its gains. US Dollar movement is likely to remain limited until Friday’s key US growth report is published. Despite the...

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GBP to USD Exchange Rate Flat as Trump Comments Keep Pressure on USD

23 Jul 2018 at 4 PM - Written by James Fuller

Despite Brexit jitters and UK economic uncertainties knocking the Pound much lower last week, the British Pound to US Dollar (GBP/USD) exchange rate has been able to hold its ground following a recovery on Friday. This has been due to market reaction towards comments from US President Donald Trump leaving the US Dollar unappealing. After...

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