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Pound Dollar forecast page 20 - GBP USD

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

LIVE EXCHANGE RATE 08:50:47 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.26252 +0.03% 1.26168 1.26314 1.26218

Pound US Dollar Exchange Rate News: GBP/USD Strengthened amid Hotter-than-Expected UK Inflation

16 Nov 2022 at 12 PM - Written by John Cameron

Pound (GBP) Underpinned by Further Interest Rate Hikes The Pound (GBP) strengthened against most of its rivals on Tuesday, in the wake of hotter-than-expected CPI inflation. Leaping from 10.1% in September to 11.1%, the highest level since 1981, headline CPI continues to heap pressure on the cost-of-living crisis. Soaring energy prices...

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Pound US Dollar (GBP/USD) Exchange Rate Soars as US Rate Hike Bets Slip

15 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Soars as US Rate Hike Bets Diminish The Pound US Dollar (GBP/USD) exchange rate strengthened on Tuesday, as USD investors lowered their expectations of higher rate hikes from the Federal Reserve. The shift in view saw GBP/USD soar to around US$1.1874 at the time of writing, a marked jump of 1%...

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Pound US Dollar Exchange Rate News: GBP/USD Drops as US Investor Reprice Fed Expectations

14 Nov 2022 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US investors Readjust Rate Hike Expectations The Pound to US Dollar (GBP/USD) exchange rate dropped on Monday, spurred on by reassuring comments made by Federal Reserve policymaker Christopher Waller. At time of writing the GBP/USD exchange rate traded at around $1.1740, which was roughly down 0.8% from...

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Pound US Dollar (GBP/USD) Climbs Despite Shrinking UK Economy

11 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Climbs Regardless of Faltering UK Economy The Pound US Dollar (GBP/USD) exchange rate on Friday, despite the latest UK GDP release showing a contraction in economic growth. As such, the GBP/USD exchange rate rose to around US$1.1730 at the time of writing, an increase of roughly 0.3% from...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Plummets as UK Recession Arrives

9 Nov 2022 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Dives as Investors Focus on UK Retail Struggles The Pound to Australian Dollar (GBP/AUD) exchange rate dropped on Wednesday as major UK retailers began reporting drops in sales and profits. At time of writing, the GBP/AUD exchange rate traded at around AU$1.7646, which was down roughly 0.5% from Wednesday’s...

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Pound US Dollar Exchange Rate News: GBP/USD Plummeted amid Midterm Election Drama

9 Nov 2022 at 1 PM - Written by John Cameron

US Dollar (USD) Soared as ‘Red Wave’ Fails to Materialise The US Dollar (USD) is experiencing mixed success on Tuesday as the market remained relatively muted as the results of the midterm elections continue to trickle through. As millions of Americans cast their vote in what is essentially a referendum on how President Joe Biden is...

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Pound US Dollar Exchange Rate News: GBP/USD Drops as Tepid Market Mood Prevails

8 Nov 2022 at 11 AM - Written by John Cameron

GBP/USD Exchange Rate Under Pressure Preceding US Elections The Pound to US Dollar (GBP/USD) exchange rate fell on Tuesday as a lukewarm market mood saw investors favour the more stable US Dollar (USD). At time of writing the GBP/USD exchange rate traded at around $1.1455 roughly down 0.5% from Tuesday’s opening levels. US Dollar...

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Pound US Dollar Exchange Rate Rallies Despite BoE Announcing UK Recession

4 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Attempts Recovery Despite UK Recession The Pound US Dollar (GBP/USD) exchange rate staged a recovery on Friday, despite confirmation of the UK entering a recession. This saw the GBP/USD exchange rate climb to around US$1.1216 at the time of writing, an increase of roughly 0.4% from Friday’s...

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Pound US Dollar Exchange Rate Hits Two Week Low as Investors Await BoE Rate Decision

3 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Strikes Two Week Low as Investors Eye BoE Rate Hike The Pound (GBP) fell against the US Dollar (USD) on Thursday, as investors anticipated the Bank of England’s (BoE) latest interest rate decision. At the time of writing, GBP/USD traded at roughly US$1.1241, a plunge of around 1.3% from...

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Pound US Dollar (GBP/USD) Exchange Rate Rallies Ahead of Key US Data

1 Nov 2022 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rallies ahead of US Data Releases The Pound US Dollar (GBP/USD) exchange rate rallied on Tuesday, as the market braces for upcoming US Data releases. This mood saw the GBP/USD exchange rate trade at roughly US$1.1538 at the time of writing, a rise of around 0.6% from Tuesday’s opening...

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