Pound Dollar forecast - GBP USD

The Pound US Dollar (GBP/USD) exchange rate moved without a clear direction on Tuesday following the release of the UK’s latest employment data. The Pound (GBP) saw a modest rise following the announcement of the UK's employment statistics for July. The unemployment rate in Britain has dipped to 4.1%, aligning with forecasts and...

The Pound US Dollar exchange rate ticked lower on Monday as a souring market mood weighed on the pair. At the time of writing, GBP/USD was trading at approximately $1.3081, down roughly 0.3% from the start of Monday’s session. The US Dollar (USD) gained traction against the majority of its peers on Monday as investors turned to...

There remains an intense debate over the state of the US economy, the potential Federal Reserve policy reaction and the dollar impact. Markets are also having to contend with political uncertainty with November US elections less than two months away. The Pound is a relative oasis of calm with evidence of steady growth and a cautious...

The Pound US Dollar exchange rate firmed on Thursday following the latest ISM services PMI data from the US. At the time of writing, GBP/USD was trading at approximately $1.3158, roughly up 0.2% from the start of Thursday's session. The Pound (GBP) remained steady against the majority of its counterparts on Thursday despite a lull...

The Pound to Dollar (GBP/USD) exchange rate hit highs at 1.3175 after Wednesday’s US data before settling around 1.3160 on Wednesday as weak data undermined the dollar. US data releases over the next two days will be extremely important for GBP/USD with high volatility inevitable, especially given the scope for very choppy trading in...

The Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the release of a...

The Pound US Dollar (GBP/USD) exchange rate moved without a clear direction on Tuesday despite a weaker-than-forecast US ISM manufacturing. This saw the GBP/USD exchange rate trade at around $1.3141 at the time of writing, virtually unchanged from the day’s opening levels. The Pound (GBP) faced headwinds on Monday as cautious...

After quiet conditions on Monday with the US markets closed for the Labor Day holiday, the Pound to Dollar (GBP/USD) exchange rate retreated to 10-day lows near 1.3100 on Tuesday before settling around 1.3120. Pound sentiment overall remains firm with hopes for solid growth, although US data releases are likely to dominate this...

The Pound US Dollar (GBP/USD) exchange rate remained stable on Monday after the UK's final manufacturing PMI for August was released. At the time of writing, the GBP/USD was trading at around $1.3134, virtually unchanged from Monday’s opening levels. Pound (GBP) Holds Steady following Manufacturing PMI The Pound (GBP) held...

The Pound to Dollar (GBP/USD) exchange rate surged to 28-month highs above 1.32 in the latest week before a limited correction to around 1.3150. A key market debate is whether these levels are justified. According to HSBC; “one could make the case that GBP-USD should be trading below 1.25 rather than above 1.30 if we look at the...