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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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Pound US Dollar (GBP/USD) Exchange Rate Jumps as US Jobless Claims Skyrocket by Over Three Million

26 Mar 2020 at 3 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Rallies as US Jobless Figures Rise to Record High The Pound Sterling US Dollar (GBP/USD) exchange rate rallied this afternoon, trading at around 1.7% higher. This left the pairing trading at around $1.2031. The US Dollar suffered significant losses today after US jobless figures rose by...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Fed Reveals ‘Bazooka’ Stimulus Package

24 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher, Fed Outlines ‘Bazooka’ Stimulus Package The Pound US Dollar (GBP/USD) exchange rate rose by 1% today after yesterday saw the US Federal Reserve unveil its essentially unlimited quantitative easing program to support the US economy. The pairing is currently fluctuating around $1.172. Jingyi Pan, a...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Tumbles to Lowest Level Since 1985

19 Mar 2020 at 1 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls to Multi-Decade Lows The Pound Sterling US Dollar (GBP/USD) exchange rate continued to trade lower today although was left flat following the release of disappointing US labour market statistics. This left the pairing at around $1.1626. Traders continued to sell off the Pound in...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Plummets as Spooked Investors Rush for Dollars

18 Mar 2020 at 10 AM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls as Investors Rush to Safe-Havens The Pound Sterling US Dollar (GBP/USD) exchange rate slumped this morning by around -0.8% and is currently trading at around $1.2019. The Pound continued to suffer losses against the Dollar today, after Tuesday saw the pairing slump to the lowest...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady, UK Spring Budget Uplifts Sterling

11 Mar 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, UK Receives ‘Largest Fiscal Boost in Decades’ The Pound US Dollar (GBP/USD) exchange rate held steady today after Rishi Sunak, the newly-appointed Chancellor of the Exchequer, released the Spring Budget for the next five years. Sarah Carlson, a Senior Vice President at Moody’s, was upbeat about the...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as UK-EU Trade Deal Still Possible

6 Mar 2020 at 11 AM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Edges Higher on Upbeat Barnier The Pound Sterling US Dollar (GBP/USD) exchange rate rallied on Friday, leaving the pairing trading at around $1.2995. The Pound was able to make gains against a weaker US Dollar following comments from the European Union’s Brexit chief negotiator, Michel...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Recovery Falters on Revived Brexit Jitters and Calming Fed Bets

26 Feb 2020 at 12 PM - Written by Tim Boyer

Yesterday’s plummet in the US Dollar in reaction to Federal Reserve speculation was ultimately short lived, and the British Pound to US Dollar (GBP/USD) exchange rate is once again under pressure today. As Pound investors finally begin to face reality on upcoming Brexit negotiations and Federal Reserve rate cut speculation softens for now,...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Surges as Coronavirus Fears Cause Federal Reserve Rate Cut Bets

25 Feb 2020 at 4 PM - Written by Ben Hughes

The US Dollar briefly saw a boost on Monday’s safe haven demand, but today the currency fell back, shedding Monday’s gains and making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to advance. As the Pound lacks much drive, the pair is gaining more on coronavirus concerns and US Dollar weakness than any UK news such...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Plummets as Safe Haven Demand Leads to USD Surge

24 Feb 2020 at 3 PM - Written by James Fuller

Amid a lack of notable Brexit developments in recent sessions, the British Pound to US Dollar (GBP/USD) exchange rate has been more easily driven by a strong US Dollar today. Market concerns over the coronavirus returned in full force today, after weekend news showed that the virus had seen a worse spread through Italy than expected. While...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Edges Away from 2020 Lows as UK PMIs Beat Forecasts

21 Feb 2020 at 12 PM - Written by Minesh Chaudhari

This week’s slew of impressive UK ecostats have not been enough to stop the British Pound to US Dollar (GBP/USD) exchange rate from slumping, as Brexit uncertainties persist and the US Dollar sees strong gains in reaction to global growth speculation. Still, strong UK data did help the Pound to recover from its worst levels and the US...

CATEGORIES: Pound Dollar Forecasts