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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 01:06:47 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.34117 ▼ -0% 1.34095 1.34125 1.34122

GBP/USD Forecast: Sterling Drifts, Dollar Supported by US-China Tariff Optimism

29 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Sterling Drifts, Dollar Supported by US-China Tariff Optimism

The Pound-to-Dollar exchange rate was on the back foot on Tuesday as the US released its latest JOLT’s job openings data. At the time of writing, GBP/USD was trading at approximately $1.3409, down roughly 0.2% from the start of Tuesday’s session. On Tuesday, the US Dollar (USD) managed gain ground against most of its...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Bullish Trend Intact as Sterling Outperforms

28 Apr 2025 at 3 PM - Written by Ben Hughes

STORY LINK Pound to Dollar Rate Bullish Trend Intact as Sterling Outperforms

The Pound US Dollar exchange rate was buoyed on Monday following the UK’s latest CBI distributive trades reading. "GBP is up a modest 0.2% in quiet trade, outperforming most of the G10 currencies heading into Monday’s NA session," said Shaun Osborne, Chief FX Strategist at Scotiabank in a commercial brief on Monday. At the time...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Looks to 3-Year Best on US Recession Watch

28 Apr 2025 at 12 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Looks to 3-Year Best on US Recession Watch

The Pound to Dollar exchange rate (GBP/USD) has consolidated above 1.3300 with solid buying on dips to trade around 1.3345 amid another net gain for the FTSE 100 index. Much of the attention will be on high-profile US data releases such as GDP and payrolls but, given the lags involved, less glamourous data such as freight traffic and...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

27 Apr 2025 at 5 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

In view of sharp dollar losses, most investment banks have dropped their forecasts for sustained Pound to Dollar exchange rate (GBP/USD) losses. Danske Bank and UBS both now have 12-month GBP/USD forecasts of 1.39. Standard Chartered is more cautious and has a 12-month GBP/USD forecast of 1.34. After testing 3-year highs around...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

25 Apr 2025 at 6 PM - Written by Frank Davies

STORY LINK Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

Some recently released exchange rate forecasts suggest that both the Pound Sterling (GBP) and Euro (EUR) are positioned for further gains against the US Dollar (USD). Major banks such as Danske and Scotiabank have significantly revised their currency forecasts, indicating bullish prospects for EUR/USD and GBP/USD over the next year....

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar FX Forecast: GBPUSD "Trend Remains Bullish"

25 Apr 2025 at 6 PM - Written by Tim Boyer

STORY LINK Pound to Dollar FX Forecast: GBPUSD "Trend Remains Bullish"

The Pound to Dollar rate found support below 1.3300 on Friday and traded around 1.3320. UK equities were able to make further gains, potentially advancing for the 10th successive session which would be the strongest run for over five years. Scotiabank commented on GBP/USD; “the trend remains bullish, given the sequence of higher...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Higher as Renewed Tariff Fears Spook USD Buyers

25 Apr 2025 at 7 AM - Written by Tim Boyer

STORY LINK Pound to Dollar Rate Higher as Renewed Tariff Fears Spook USD Buyers

The Pound-to- Dollar exchange rate (GBP/USD) firmed on Thursday as Donald Trump’s latest remarks on American tariffs pressured the US Dollar (USD). The US Dollar came under pressure on Thursday as investors digested a shift in tone from President Donald Trump on international trade policy. Earlier in the week, markets had...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Bullish, Next Resistance at 1.34

24 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Sterling Bullish, Next Resistance at 1.34

The Pound to Dollar exchange rate (GBP/USD) again found support close to 1.3250 and traded close to 1.3300 in Europe on Wednesday as the dollar retreated from Wednesday’s highs. Volatility has eased to some extent, but underlying stresses remain substantial with choppy trading. According to Scotiabank; “We look to near-term...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

24 Apr 2025 at 9 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

The Pound to Dollar exchange rate traded sideways on Wednesday as both the UK and US released their latest preliminary PMI releases. At the time of writing, GBP/USD was trading at approximately $1.32958. On Wednesday, the US Dollar (USD) faced challenges and declined against multiple major currencies following the release of the...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

23 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

The US dollar secured net gains on Wednesday with support from a second successive surge in equities during the day. The gains in equities and dollar were driven by another U-turn from President Trump as he stated that he was not looking to dismiss Fed Chair Powell. There was also an upbeat Administration assessment of trade...

CATEGORIES: Pound Dollar Forecasts

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