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

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Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls as US Announce Total Oil Embargo on Iran

23 Apr 2019 at 3 PM - Written by John Cameron

STORY LINK Pound Sterling US Dollar (GBP/USD) Exchange Rate Falls as US Announce Total Oil Embargo on Iran

Pound US Dollar (GBP/USD) Exchange Rate Falls on Reports of Fourth ‘Meaningful Vote’ The Pound Sterling US Dollar (GBP/USD) exchange rate slipped and the pairing is currently trading at an inter-bank rate of $1.2952. The Pound fell to a two-month low as reports circled that Theresa May could bring her Brexit deal back for a fourth...

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GBP/USD Outlook - Pound to Dollar Exchange Rates Slip on Resurgent US Retail Sales

18 Apr 2019 at 2 PM - Written by Frank Davies

STORY LINK GBP/USD Outlook - Pound to Dollar Exchange Rates Slip on Resurgent US Retail Sales

A strong resurgence in US advance retail sales kept the Pound Sterling to US Dollar exchange rate on a weaker footing ahead of the Easter weekend. As sales surged 1.6% on the month in March investors were encouraged to buy back into the US Dollar, with higher levels of consumer spending pointing towards greater economic confidence. The...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies as US Fed Shows Signs of Dovishness

16 Apr 2019 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Steadies as US Fed Shows Signs of Dovishness

GBP/USD Exchange Rate Rangebound as Brexit Cross-Party Talks Stall The Pound US Dollar (GBP/USD) exchange rate steadied today and is currently trading around $1.3090 on the inter-bank market. The US Dollar (USD) stabilised against the Pound (GBP) as traders are becoming more cautious as the US Federal Reserve has indicated an...

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Pound US Dollar (GBP/USD) Exchange Rate Rises as US-China Trade War Weighs on US Economy

12 Apr 2019 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Rises as US-China Trade War Weighs on US Economy

GBP/USD Exchange Rate Climbs as US Economy Hit by Trade War Struggles The Pound US Dollar (GBP/USD) exchange rate edged higher today and is currently trading around $1.3072 on the inter-bank market. The US Dollar (USD) fell against Sterling (GBP) today following the news that Chinese trade with the US had slumped by 28% in the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Flounders in spite of New October Brexit Deadline

11 Apr 2019 at 2 PM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Flounders in spite of New October Brexit Deadline

Brexit Deadline Extension Fails to Boost Pound Sterling US Dollar (GBP/USD) Exchange Rate The decision to extend the Brexit deadline until the end of October failed to shore up the Pound Sterling to US Dollar (GBP/USD) exchange rate on Thursday. Although the UK is no longer at risk of crashing out of the EU without a deal on Friday...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties

9 Apr 2019 at 1 PM - Written by Tim Boyer

STORY LINK Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties

Despite persisting uncertainty over the Brexit process, and the remaining possibility of the Brexit process ending with a worst-case no-deal outcome at the end of this week, the British Pound to US Dollar (GBP/USD) exchange rate has been climbing this week so far. This has been due to weakness in the US Dollar, as investors sell it from its...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Today - The Pound to US Dollar Exchange Rate Finds Support on Hopes of Brexit Extension

5 Apr 2019 at 11 AM - Written by Frank Davies

STORY LINK GBP/USD Today - The Pound to US Dollar Exchange Rate Finds Support on Hopes of Brexit Extension

The Pound to Dollar exchange rate found some support after Theresa May submitted a request to extend the Brexit deadline until the end of June 2019. With European Council President Donald Tusk encouraging leaders to approve a so-called flexible extension to the Brexit deadline the odds of a no-deal Brexit appeared to ease. Although it...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling US Dollar (GBP/USD) Exchange Rate Rises despite ‘Brexit Cloud’ Looming Over UK Services Sector

3 Apr 2019 at 10 AM - Written by John Cameron

STORY LINK Pound Sterling US Dollar (GBP/USD) Exchange Rate Rises despite ‘Brexit Cloud’ Looming Over UK Services Sector

Pound US Dollar (GBP/USD) Exchange Rate Rises despite US Services Sector Stuck in ‘Quicksand’ The Pound Sterling US Dollar (GBP/USD) exchange rate rose this morning despite disappointing UK data and the pairing is currently trading at an inter-bank rate of $1.3178. The UK services PMI revealed that business activity within the...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Under Pressure as Odds of No-Deal Brexit Rise

2 Apr 2019 at 3 PM - Written by Frank Davies

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Under Pressure as Odds of No-Deal Brexit Rise

Lack of Brexit Progress Keeps Pound Sterling US Dollar (GBP/USD) Exchange Rate Under Pressure Parliament’s continued failure to break the Brexit deadlock saw the Pound Sterling to US Dollar (GBP/USD) exchange rate shed further ground on Tuesday. As MPs failed to put sufficient support behind any of the proposed alternatives to Theresa...

CATEGORIES: Pound Dollar Forecasts

US Dollar Pound (USD/GBP) Exchange Rate Steadies on Second Round of US-China Trade Talks

28 Mar 2019 at 11 AM - Written by John Cameron

STORY LINK US Dollar Pound (USD/GBP) Exchange Rate Steadies on Second Round of US-China Trade Talks

USD/GBP Exchange Rate Flat as Trump’s Political Tensions Flare Up The US Dollar Pound (USD/GBP) exchange rate is steady today and is currently trading around £0.7606 on the inter-bank market. The ‘Greenback’ stabilised against Sterling today despite political tensions once again heating up between President Donald Trump and the...

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