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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.

LIVE EXCHANGE RATE 04:21:31 Pound Dollar Rate »
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GBP to EUR Exchange Rate Firms on UK Data and Brexit Speculation

22 Jan 2019 at 4 PM - Written by Minesh Chaudhari

Investors were more eager to buy the British Pound to Euro (GBP/EUR) exchange rate on Tuesday, as the latest UK data and Brexit news offered the Pound some fresh support. The Euro, on the other hand, remained unappealing amid concerns about the Eurozone’s slowing economic outlook and the latest disappointing Eurozone confidence...

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Brexit Update: Pound to Dollar Exchange Rate Climbs as Barnier Admits ‘Favourable Response’ to Extending Article 50

17 Jan 2019 at 3 PM - Written by John Cameron

UPDATE: Analysts at Scotiabank are betting on a decline in the pound-to-dollar exchange rate in the near-term: "Cable remains range bound between support in the low/mid 1.28s and resistance in the 1.2925 area. Trend signals are mixed and suggestive or more range trading. We rather favour fading GBP gains to the 1.29 area while 1.2930...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Pound Dollar Forecasts

Pound-to-Dollar Exchange Rate Sheds Gains Ahead of Key UK Parliament Brexit Vote

15 Jan 2019 at 1 PM - Written by Ben Hughes

Speculation of a Brexit delay, as well as lasting weakness in the US Dollar, prompted investors to buy the British Pound to US Dollar (GBP/USD) exchange rate yesterday. However, the pair’s gains were limited, and investors quickly sold the pair again on Tuesday as a key UK Parliament vote over the Brexit process approached. The US Dollar...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rates: GBP/USD Drops more than 1% as ‘Greenback’ Benefits from Slowing Chinese Economy

2 Jan 2019 at 4 PM - Written by John Cameron

The Pound US Dollar (GBP/USD) exchange rate has plummeted over 1% today and is currently trading within the region of $1.2647, after China’s disappointing manufacturing data prompted renewed demand for safe-haven currencies. The US Dollar (USD) ended 2018 at its strongest levels since 2015, following US President Donald Trump’s comment...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Holds Above Week’s Opening Levels Despite Concerns about UK Consumer Activity

28 Dec 2018 at 2 PM - Written by Toni Johnson

Investors bought the British Pound to US Dollar (GBP/USD) exchange rate on Friday, keeping the pair above the week’s opening levels despite a lack of Sterling appeal. The US Dollar has been weak for most of the week due to US political uncertainties and signs of slowing global growth. A weak Pound has simply been unable to capitalise on USD...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Struggles to Advance Despite Signs of Slower US Growth

21 Dec 2018 at 3 PM - Written by Frank Davies

Broad US Dollar weakness this week has made it easier for the British Pound to US Dollar (GBP/USD) exchange rate to advance, but Brexit uncertainties and some lingering market demand for safe haven currencies kept the pair from advancing too high. US data is likely to drive GBP/USD movement next week amid a lack of expected Brexit...

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GBP to USD Exchange Rate Tests Weekly Best as Federal Reserve Disappoints Markets

20 Dec 2018 at 1 PM - Written by James Fuller

Despite the Federal Reserve taking a more hawkish than expected approach to US monetary policy during its December policy decision, this did more to spook markets than reassure them. As a result, the British Pound to US Dollar (GBP/USD) exchange rate actually advanced as investors digested the decision. Since opening this week at the level...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Exchange Rates Benefit as Trump Criticises Federal Reserve Policy Tightening

18 Dec 2018 at 12 PM - Written by Frank Davies

With the Federal Reserve (FED) coming under increasing pressure to pursue a more gradual pace of monetary tightening the Pound to dollar exchange rates recovered ground. The appeal of the US Dollar diminished on Tuesday morning even as the general sense of market risk appetite dimmed in response to worries over the outlook of the global...

CATEGORIES: Pound Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate News: ‘Greenback’ Strengthened by Safe Haven Status on China Economic Slowdown

14 Dec 2018 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as ‘Greenback’ Strengthened by China Economic Slow Down The Pound US Dollar (GBP/USD) exchange rate is down today, and is currently trading at $1.2590 after USD was strengthened by safe-haven demand after China’s economy shows signs of slowing down. Yesterday also saw the ‘Greenback’ strengthened by...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Recovery from 2018 Lows Slows as Brexit Retakes Focus in UK Politics

13 Dec 2018 at 4 PM - Written by Ben Hughes

Despite Wednesday evening’s news that UK Prime Minister Theresa May had successfully seen off a no confidence vote from her Conservative Party, the British Pound to US Dollar (GBP/USD) exchange rate struggled to recover much further on Thursday. Instead, the US Dollar was supported slightly by the latest US data. Since opening this week...

CATEGORIES: Pound Dollar Forecasts