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Pound Dollar forecast - GBP USD/FUNCTION.MYSQL

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

Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

2 May 2025 at 7 AM - Written by Frank Davies

STORY LINK Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

The Pound to Dollar (GBP/USD) exchange rate was unable to move above 1.3350 on Thursday and retreated to just below 1.3300 after the round of US data. The releases were certainly soft, but markets had been braced for even weaker figures which helped trigger dollar short covering. Scotiabank still considers that the overall tone is...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar FX Forecast: GBPUSD Price Retreats but Retakes 1.33

2 May 2025 at 7 AM - Written by David Woodsmith

STORY LINK Pound to Dollar FX Forecast: GBPUSD Price Retreats but Retakes 1.33

Pound Sterling (GBP) edged lower against the US Dollar (USD) on Thursday after upbeat US economic data lent support to the ‘Greenback’. At the time of writing, the Pound to Dollar exchange rate (GBP/USD) was trading at approximately $1.3297, down roughly 0.2% from the start of Thursday’s session. The US Dollar (USD)...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Weakens Against Stronger Dollar Despite Downbeat US GDP

1 May 2025 at 8 AM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Weakens Against Stronger Dollar Despite Downbeat US GDP

The Pound-to-Dollar exchange rate softened on Wednesday after the release of the US’s latest GDP data and core PCE price index. At the time of writing, GBP/USD was trading at approximately $1.3348, down roughly 0.5% from the start of Wednesday’s session. On Wednesday, the US Dollar (USD) managed to climb against most of its...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: Fresh Multi-year Best in 1.34s

30 Apr 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: Fresh Multi-year Best in 1.34s

After hitting 3-year highs just above 1.3440 late on Monday, the Pound to Dollar exchange rate (GBP/USD) was in consolidation mode early on Tuesday. A raft of weak US data, however, triggered fresh buying interest and it traded just above 1.3400 after the New York open According to Scotiabank; “The bull trend is intact and has...

CATEGORIES: Pound Dollar Forecasts

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

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