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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 22:08:30 Pound Dollar Rate »
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Pound to Dollar Near-Term Forecast: GBP to Retest 1.3615, if 1.35 Holds

9 Jun 2025 at 10 AM - Written by Frank Davies

STORY LINK Pound to Dollar Near-Term Forecast: GBP to Retest 1.3615, if 1.35 Holds

The Pound to Dollar rate (GBP/USD) dipped to near 1.3500 on Friday after the US jobs data before rebounding to just above 1.3550 on Monday. Last week’s 39-month high close to 1.3615 will remain the key focus. According to UoB; “The price action has led to a slowdown in momentum, but as long as 1.3500 is not breached, there is a...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Week Ahead Forecast: 1.34-1.36 Range in 2025

8 Jun 2025 at 9 PM - Written by Frank Davies

STORY LINK Pound to Dollar Week Ahead Forecast: 1.34-1.36 Range in 2025

Most investment banks see scope for further dollar losses over the next few months, but are doubtful whether the Pound can take much further advantage given domestic uncertainties. CIBC forecasts that the Pound to Dollar (GBP/USD) exchange rate will trade marginally higher at 1.36 at the end of 2025 with a further advance to 1.41 at...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast: GBP Sterling Slides on US Jobs USD Relief

6 Jun 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Forecast: GBP Sterling Slides on US Jobs USD Relief

Dollar Secures Limited Corrective Relief after Jobs Data, GBP/USD Held Below 39-Month Highs The dollar managed to secure tentative gains on Friday following the latest US jobs release. The data certainly had important weaknesses, but markets were braced for an even weaker report and the figures triggered an element of short...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Climbs Against Dollar as US Labour Data Disappoints

5 Jun 2025 at 3 PM - Written by Tim Boyer

STORY LINK Pound Sterling Climbs Against Dollar as US Labour Data Disappoints

The Pound-to-Dollar exchange rate (GBP/USD) strengthened on Thursday as the US released its latest jobless claims. At the time of writing, GBPUSD was trading at approximately $1.3602, up roughly 0.4% from the start of Thursday’s session. The US Dollar (USD) came under pressure on Thursday after the latest US initial jobless...

CATEGORIES: Pound Dollar Forecasts

Pound sterling to Dollar Forecast: "USD Remains Skewed to Downside"

5 Jun 2025 at 12 PM - Written by Ben Hughes

STORY LINK Pound sterling to Dollar Forecast: "USD Remains Skewed to Downside"

The Pound to Dollar exchange rate (GBP/USD) advanced to 1.3585 in Europe on Thursday, just below the 39-month high recorded last month. The dollar has lost ground amid further reservations over the economy and increased pressure on the Federal Reserve to cut interest rates. Resistance levels may be tough to break down unless US data...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Dollar Drifts, Pound Underpinned by British Services PMI

5 Jun 2025 at 8 AM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Dollar Drifts, Pound Underpinned by British Services PMI

The Pound to Dollar exchange rate (GBP/USD) held strong on Wednesday after the UK’s final services PMI was revised higher for May. At the time of writing, GBP/USD was trading at $1.3533, up roughly 0.2% since the beginning of the European session. The Pound (GBP) found a degree of stability midweek, following a...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"

4 Jun 2025 at 4 PM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: GBP's Momentum is "Firmly in Bullish Territory"

The Pound-to-Dollar exchange rate (GBP/USD) found support close to 1.3500 on Wednesday and was initially held in tight ranges. Weaker-than-expected US data, however, triggered renewed dollar losses with GBP/USD surging to just above 1.3550. Traders will be targeting 39-month highs close to 1.3600. Scotiabank is still bullish on the...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling has "Ample Room for Further Gains"

4 Jun 2025 at 9 AM - Written by Tim Boyer

STORY LINK GBP/USD Forecast: Pound Sterling has "Ample Room for Further Gains"

The Pound to Dollar exchange rate (GBP/USD) was dented on Tuesday as the US released its latest Job Openings and Labor Turnover survey (JOLTs). The US Dollar (USD) climbed sharply on Tuesday, buoyed by a combination of global risk aversion and stronger-than-expected domestic data. In early trade, the ‘Greenback’ gained ground...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Tech Forecast: 1.3600 "in Next Few Days" say Strategists

3 Jun 2025 at 4 PM - Written by Frank Davies

STORY LINK Pound to Dollar Tech Forecast: 1.3600 "in Next Few Days" say Strategists

GBP/USD slips back to 1.3500 areaPound bull trend intact but 1.3600 keyBailey flags global uncertainty, cautious on ratesUS jobs data supports US Dollar rebound risk The Pound to Dollar exchange rate (GBP/USD) again failed to hold above 1.3550 in Asia on Tuesday and retreated to the 1.3500 area and traded close to this level after the...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Rate Jumps as Tariff Fears Dent USD

2 Jun 2025 at 1 PM - Written by David Woodsmith

STORY LINK Pound-to-Dollar Rate Jumps as Tariff Fears Dent USD

Pound Sterling Rallies Against the U.S. Dollar as Trade War Fears Intensify The Pound to Dollar exchange rate (GBP/USD) posted strong gains on Monday as simmering trade tensions fuelled fears of stagflation in the US. At the time of writing, GBP/USD was trading at $1.3548, up more than 0.7% since the start of the session. The US...

CATEGORIES: Pound Dollar Forecasts

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