Currency News

Daily Exchange Rate Forecasts & Currency News

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 18:29:06 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.34063 -0.22% 1.33927 1.34513 1.34358

Pound to Dollar Forecast: Sustained USD Buying Still Lacking

19 Jun 2025 at 9 AM - Written by Ben Hughes

The Pound to Dollar exchange rate (GBP/USD) dipped sharply towards Tuesday’s European close as risk appetite deteriorated amid speculation that the US would decide to intervene in the Iran/Israel conflict by bombing Iran’s underground nuclear facilities. Significantly, the dollar secured defensive support as oil prices moved higher...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Price Finds Support as UK Inflation Remains Elevated

19 Jun 2025 at 7 AM - Written by David Woodsmith

The Pound-to-US Dollar exchange rate edged higher on Wednesday, buoyed by sticky UK inflation and cautious market reaction to growing Middle East tensions. At the time of writing, GBP/USD was trading at $1.3455, up 0.2% on the day. The Pound (GBP) managed to recoup some ground on Wednesday, following a modest uptick prompted by the...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Forecast: Sterling Consolidates Below 3-Year Best Conversion

18 Jun 2025 at 9 AM - Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) was unable to secure fresh 40-month highs on Monday and failed to regain the 1.3600 level on Tuesday with consolidation just above 1.3550 as relatively tight ranges prevailed. According to Scotiabank; “GBPUSD’s trend remains bullish, given its recent push to fresh multi-year highs above...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Price Dips vs Dollar despite US Retail Sales

17 Jun 2025 at 10 PM - Written by Tim Boyer

The Pound US Dollar exchange rate was dented on Tuesday even as the US released a worse-than-expected US retail sales index. At the time of writing, GBP/USD was trading at approximately $1.3451, down roughly 0.2% from the start of Tuesday’s session. The US Dollar (USD) held its ground against most major peers on Tuesday despite...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Forecast: "No Major Resistance Levels Ahead of 1.3750"

17 Jun 2025 at 9 AM - Written by Frank Davies

The Pound to Dollar exchange rate (GBP/USD) was unable to break above the 1.3600 level and settled just below this level in quiet, but nervous trading conditions. According to Scotiabank, “The RSI is bullish but well short of overbought levels, and there appear to be no major resistance levels ahead of 1.3750. We look to near-term...

CATEGORIES: Pound Dollar Forecasts

Bullish Pound to Dollar Rate in Push to "Fresh Multi-Year Highs"

16 Jun 2025 at 10 PM - Written by Frank Davies

Looking ahead, movement in the GBP/USD exchange rate on Tuesday is likely to hinge on the latest US retail sales figures. May’s report is forecast to show a sharp drop in consumer spending, with sales expected to fall to -0.7%, down from April’s modest 0.1% increase. If confirmed, the data could reinforce concerns about a...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Weekly Forecast: Sub 1.40 for Next 18 Months?

16 Jun 2025 at 9 AM - Written by Ben Hughes

Currency exchange analysts at RBC Capital Markets (RBC) forecast the Pound to Dollar (GBP/USD) exchange rate to remain below 1.40 throughout the next 18 months, despite the dollar's vulnerability. Scotiabank forecasts GBP/USD gains to 1.48 by the end of 2026. Both banks expect dollar losses on cyclical and structural grounds, but...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: 40-Month Best, but "Room for Downside Correction"

15 Jun 2025 at 9 PM - Written by Tim Boyer

The Pound to Dollar exchange rate (GBP/USD) jumped to a 40-month high just above 1.3630 late on Thursday as the dollar came under further pressure. There was, however, a sharp retreat to lows near 1.3520 on Friday following Israel’s military strike on Iranian nuclear facilities before trading just below 1.3550. There was renewed...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound-to-Dollar Rate Climbs as US PPI prints Below Forecast

13 Jun 2025 at 9 AM - Written by Ben Hughes

The Pound US Dollar exchange rate (GBP/USD) managed to tick higher on Thursday, as it shrugged off disappointing UK GDP figures following a softer-than-expected US PPI print. At the time of writing, GBPUSD was trading at approximately $1.3603, up roughly 0.3% from the start of Thursday’s session. The US Dollar (USD) weakened...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Slides vs US Dollar on Israel Iran Attack

13 Jun 2025 at 9 AM - Written by Frank Davies

Risk Appetite Slides as Israel Targets Iran’s Nuclear Facilities, GBP/USD Retreats from 39-Month Highs Risk conditions dipped sharply during Friday’s Asian session following Israeli attacks on Iran’s nuclear infrastructure. Oil prices surged over 7.5% with fresh demand for gold and the Swiss franc as an inevitable defensive...

CATEGORIES: Pound Dollar Forecasts