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Pound Dollar forecast page 2 - 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 Exchange Rate News: GBP/USD Struggles to Sustain $1.30 despite Rebound in UK Inflation

19 Feb 2020 at 11 AM - Written by John Cameron

Pound (GBP) Falters in spite of Solid Increase in Inflation The Pound (GBP) is trading on the back foot against the US Dollar (USD) and the majority of its other peers this morning, in spite of a stronger-than-expected UK consumer price index (CPI). According to data published by the Office for National Statistics (ONS), UK inflation...

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Pound US Dollar (GBP/USD) Exchange Rate Falls as Niesr Predicts Javid’s Growth Targets ‘Unrealistic’

6 Feb 2020 at 12 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Slides as Niesr Deems Growth Targets ‘Unrealistic’ The Pound Sterling US Dollar (GBP/USD) exchange rate remained largely flat, leaving the pairing trading at around $1.2957. The Pound slumped against the Dollar today as Boris Johnson’s tough approach with the European Union...

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GBP to USD Exchange Rate Sheds Last Week’s Gains as Investors Head for Safe Havens

28 Jan 2020 at 3 PM - Written by James Fuller

A combination of domestic and global factors is keeping the US Dollar appealing today, knocking the British Pound to US Dollar (GBP/USD) exchange rate even lower following yesterday’s mixed movement. Investors were already selling the Pound on Bank of England (BoE) and Brexit speculation this week. Upcoming Federal Reserve and Bank of...

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GBP to USD Exchange Rate Holds Ground in Anticipation of Bank of England (BoE) Speculation

24 Jan 2020 at 9 AM - Written by Ben Hughes

Despite US data continuing to be decent and a lack of fresh support for the Pound yesterday, the British Pound to US Dollar (GBP/USD) exchange rate was able to continue to hold its ground for most of the past day. The Pound could still see some sharp movements before markets close for the week depending on upcoming UK PMI results, while this...

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GBP to USD Exchange Rate Recovers Last Week’s Losses as UK Job Data Softens Bank Speculation

21 Jan 2020 at 3 PM - Written by John Cameron

Following a week of poor UK data in which the Pound was held back by Bank of England (BoE) interest rate cut bets, the British Pound to US Dollar (GBP/USD) exchange rate has seen a jump in demand today. The Pound is being supported by the latest UK job stats which are dousing Bank of England bets for now, while demand for the US Dollar has...

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Pound US Dollar (GBP/USD) Exchange Rate Flat as US Markets Close

20 Jan 2020 at 3 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Flat as Markets Focus on BoE The Pound Sterling US Dollar (GBP/USD) exchange rate remained muted as US markets closed for Martin Luther King Day, leaving the pairing trading at around $1.2989. Sterling remained under pressure as the lack of notable economic data caused markets to shift...

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Pound US Dollar (GBP/USD) Exchange Rate Dips, UK Retail Sales Fall in December

17 Jan 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Eases as BoE Rate Cut Fears Rise on Poor UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate dipped today, with the pairing currently trading around $1.304 after December’s UK retail sales unexpectedly fell by -0.6% month-on-month, while the year-on-year figure fell below forecasts to 0.9%. Quantitative...

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Pound US Dollar (GBP/USD) Exchange Rate Slumps as US Deficit Hits 3-Year Low

7 Jan 2020 at 4 PM - Written by Frank Davies

Narrowed US Trade Deficit Drags Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower A sharper-than-expected narrowing of the US trade deficit saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slip on Tuesday. While forecasts had pointed towards an improvement in US trade investors were still impressed to find that the...

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GBP to USD Exchange Rate Plummets as Military Action Leaves Investors Piling into Safe Havens

3 Jan 2020 at 12 PM - Written by James Fuller

A combination of limp market demand for the Pound, as well as a surge in safe haven demand, have knocked the British Pound to US Dollar (GBP/USD) exchange rate down before markets close for the week. A US air strike in Iraq took place overnight and has caused a surge in global geopolitical jitters. These fresh uncertainties have led to...

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Pound US Dollar Exchange Rate Sinks as Brexit Cliff-Edge Fears Continue to Haunt UK Markets

23 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as UK Economic Outlook Dampened by Brexit The Pound US Dollar (GBP/USD) exchange rate fell by -0.4% today, with the pairing currently trading around $1.294 as markets continue to react negatively to Prime Minister Boris Johnson’s new Withdrawal Agreement Bill, which limits the ‘transition period’ for the...

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