Pound Dollar forecast page 27 - GBP USD
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
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Pound to Dollar Forecast: GBP Gains on USD Weakness, UK Inflation
21 May 2025 at 4 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Forecast: GBP Gains on USD Weakness, UK Inflation
A combination of U.S. Dollar weakness and stronger than expected UK inflation triggered a surge in the Pound to Dollar (GBP/USD) exchange rate to 3-year highs just below 1.3470.
The pair, however, was unable to hold the gains and retreated to 1.3410 as the Pound dipped and the dollar recovered from Asian lows.
A sustained break...
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Pound to Dollar in "Flat Range" as USD Rates Marginally Softer
20 May 2025 at 11 PM - Written by David Woodsmith
STORY LINK Pound to Dollar in "Flat Range" as USD Rates Marginally Softer
The Pound US Dollar exchange rate was rangebound on Tuesday despite Moody’s decision to downgrade the United States’ sovereign credit rating on Monday.
At the time of writing, GBP/USD was trading at approximately $1.3371, virtually unchanged from the start of Tuesday’s session.
The US Dollar (USD) extended its decline on...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Forecast: GBPUSD Could See "Year's Highs of 1.34"
20 May 2025 at 10 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: GBPUSD Could See "Year's Highs of 1.34"
The Pound to Dollar rate (GBP/USD) has continued to find support on dips and again challenged 1.3400 in Europe on Tuesday, without being able to break through this area.
Dollar confidence remains fragile with markets monitoring US budget developments very closely and there was further hawkish rhetoric from Bank of England (BoE) chief...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Rises Amid US Credit Rating Downgrade
19 May 2025 at 7 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Rises Amid US Credit Rating Downgrade
The Pound US Dollar exchange rate (GBP/USD) began the week with strong momentum, surging to a two-week high after the US was stripped of its AAA credit rating by Moody’s.
At the time of writing, GBP/USD was hovering around $1.3385. Up roughly 0.8% from Monday’s opening levels.
The US Dollar faced fresh selling pressure after...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar FX Forecast: Sterling Eyes 3-Year Best as US Loses AAA Rating
19 May 2025 at 2 PM - Written by David Woodsmith
STORY LINK Pound to Dollar FX Forecast: Sterling Eyes 3-Year Best as US Loses AAA Rating
The Pound to Dollar rate dipped below 1.3300 late last week, but posted strong gains on Monday.
The dollar was subjected to renewed selling after a credit-rating downgrade with USD/JPY back below 145.00 while Treasuries lost further ground. The Pound was also boosted by evidence of a UK-EU deal.
GBP/USD surged to 1.3370 with traders...
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Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS
16 May 2025 at 10 PM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast: Buy the Pullbacks "Below 1.32" say UBS
The Pound to Dollar exchange rate (GBP/USD) failed to hold above 1.3300 on Friday and settled just below this level.
The dollar was resilient despite another soft US data release and increased stagflation fears.
UK data next week will be important for Pound direction.
According to UBS, there is the risk of near-term weakness;...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales
15 May 2025 at 5 PM - Written by Frank Davies
STORY LINK Pound-to-Dollar Forecast: GBP Advances vs USD on Slowing US Retail Sales
The Pound US Dollar exchange rate gained ground on Thursday as the US released its latest retail sales index and the UK released its latest GDP reading.
At the time of writing, GBP/USD was trading at approximately $1.3300, up roughly 0.3% from the start of Thursday’s session.
The US Dollar (USD) weakened across the board on...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound GDP Boost Fades, Dollar Eyes Bonds
15 May 2025 at 2 PM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound GDP Boost Fades, Dollar Eyes Bonds
The Pound Sterling initially gained against the Euro and U.S. Dollar following the latest GDP data, but GBP was unable to make further headway with concerns that the data overstated the underlying performance.
Equity markets were also weaker which limited potential support, but the US Dollar remained fragile.
The Pound to Dollar...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Tech Forecast: GBP/USD Resistance at 1.3450 say Analysts
15 May 2025 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Tech Forecast: GBP/USD Resistance at 1.3450 say Analysts
The dollar lost further ground on Wednesday and the Pound to Dollar exchange rate (GBP/USD) strengthened to 1.3360 before settling around 1.3320.
ING commented; “May has been a good month for the dollar as US and Chinese policymakers have chosen to de-escalate – although we doubt the dollar rally has legs.”
Key GBP/USD...
CATEGORIES: Pound Dollar Forecasts