Pound Dollar forecast page 29 - GBP USD
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
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Pound Dollar Rate » |
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Pound to Dollar Today: GBP/USD Fails to Take $1.2700
25 Feb 2025 at 7 AM - Written by Frank Davies
STORY LINK Pound to Dollar Today: GBP/USD Fails to Take $1.2700
The Pound was largely subdued on Monday despite the day’s upbeat trading conditions.
At the time of writing, the Pound-to-Dollar GBP/USD exchange rate was trading at approximately $1.2635, virtually unchanged from the start of Monday’s session.
On Monday, the US Dollar (USD) faced difficulties in attracting buyers and even...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling to Dollar Outlook: Retreat to 1.23 in One Month Timeframe
23 Feb 2025 at 6 PM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Outlook: Retreat to 1.23 in One Month Timeframe
The Pound spiked higher in immediate response to much stronger-than-expected retail sales data, but it failed to hold the gains as underlying reservations surrounding the economy persisted.
Relentless geo-political stresses and major uncertainty over the Ukraine situation also curbed risk appetite and limited net Pound support in...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Predictions: Expect GBP/USD Selling above 1.2600, say ING
20 Feb 2025 at 5 PM - Written by Frank Davies
STORY LINK Pound to Dollar Predictions: Expect GBP/USD Selling above 1.2600, say ING
The Pound has found support below 1.2600 against the US Dollar and settled just above this level on Thursday.
There are very important geo-political stresses as well as trade tensions with the US which will maintain a high degree of uncertainty in FX markets.
The latest UK PMI business confidence data on Friday will be important in...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Buoyed on Possible China Trade Deal
20 Feb 2025 at 5 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Buoyed on Possible China Trade Deal
The Pound Sterling trended higher versus the US Dollar on Thursday morning as investors weighed fresh comments from US President Donald Trump regarding a potential trade agreement with China.
At the time of writing, the Pound to Dollar exchange rate (GBP/USD) was trading at approximately $1.2614, up around 0.2% from Thursday’s...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Rate Holds $1.2600 as Trump Tariff Threats Dominate FX Markets
20 Feb 2025 at 8 AM - Written by Frank Davies
STORY LINK Pound to Dollar Rate Holds $1.2600 as Trump Tariff Threats Dominate FX Markets
GBP/USD was subdued on Wednesday after the UK released its latest consumer price index (CPI).
At the time of writing, the Pound to Dollar exchange rate GBP/USD was trading at approximately $1.2617, virtually unchanged from the start of Wednesday’s session.
On Wednesday, the Pound (GBP) failed to attract much investor interest...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Today: GBP/USD 2025 Best Dented by UK Inflation
19 Feb 2025 at 8 AM - Written by Frank Davies
STORY LINK Pound to Dollar Today: GBP/USD 2025 Best Dented by UK Inflation
The latest UK inflation data released on Wednesday saw the Pound Sterling fall back from its 2025 best exchange rate levels against the US Dollar to trade at 1.26132.
The British Pound fell back against currency rivals after the UK released its latest consumer price index (CPI), which rose to 3.0% year-on-year, marking a significant...
CATEGORIES: Pound Dollar Forecasts
Today's Pound to Dollar Exchange Rate Holds Near Best in Eight Weeks for Buyers
17 Feb 2025 at 9 PM - Written by Frank Davies
STORY LINK Today's Pound to Dollar Exchange Rate Holds Near Best in Eight Weeks for Buyers
The Pound to Dollar (GBP/USD) exchange rate traded close to 1.2600 and close to an 8-week best on Monday with US markets closed for a holiday.
The UK 10-year yield spiked to 2-week highs around 4.60% early on Monday before a retreat to just below 4.55%.
According to Scotiabank the outlook is broadly positive on a short-term view;...
CATEGORIES: Pound Dollar Forecasts