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Pound Dollar forecast page 29 - GBP USD

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

LIVE EXCHANGE RATE 05:12:43 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.31232 -0.04% 1.31108 1.31287 1.31281

GBP/USD Forecast: Pound Testing Best Buy vs Dollar of 3 Years

6 May 2025 at 10 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) found support at 1.3260 and rallied to 1.3330 as the dollar stumbled again. The US dollar has remained vulnerable in global markets with further speculation that losses against Asian currencies will be a catalyst for wider losses. ING considers medium-term worries are justified, but sees...

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Pound to Dollar Forecast: Consolidation for Now, Longer-Term 1.43

5 May 2025 at 9 AM - Written by Tim Boyer

Bank of America forecasts that the Pound to Dollar exchange rate (GBP/USD) will strengthen to 1.43 at the end of 2025 with a further advance to 1.54 at the end of next year. HSBC has lowered its dollar outlook with the end-2025 dollar forecast at 1.32 from 1.23 previously. GBP/USD hit 3-year highs just below 1.3450 during the week...

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

2 May 2025 at 7 AM - Written by Frank Davies

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...

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

2 May 2025 at 7 AM - Written by David Woodsmith

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)...

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

1 May 2025 at 8 AM - Written by Frank Davies

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...

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

30 Apr 2025 at 8 AM - Written by Frank Davies

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...

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GBP/USD Forecast: Sterling Drifts, Dollar Supported by US-China Tariff Optimism

29 Apr 2025 at 5 PM - Written by Frank Davies

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...

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Pound to Dollar Rate Bullish Trend Intact as Sterling Outperforms

28 Apr 2025 at 3 PM - Written by Ben Hughes

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...

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GBP/USD Forecast: Pound Looks to 3-Year Best on US Recession Watch

28 Apr 2025 at 12 PM - Written by Ben Hughes

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...

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Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

27 Apr 2025 at 5 PM - Written by David Woodsmith

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...

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