Pound Dollar forecast page 30 - GBP USD

GBP/USD Stumbles amid Hawkish Fed Comments The Pound US (GBP/USD) exchange rate is facing headwinds this morning following hawkish comments from the Federal Reserve following its first interest rate decision of the year. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3428, down roughly 0.3% from...

GBP/EUR Stumbles Amidst Weaker-Than-Expected UK PMI Figures The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range in the beginning of today’s session in response to lower-than-forecast UK PMI data. At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.1929, down roughly 0.2% from today’s...

GBP/USD Stumbles Following Disappointing UK Retail Sales The Pound US Dollar (GBP/USD) exchange rate is facing headwinds in the beginning of today’s session in response to discouraging UK retail sales. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3570, roughly down 0.2% from today’s opening...

GBP/USD Trades Higher Despite UK Political Uncertainty The Pound US Dollar (GBP/USD) exchange rate is trending higher at the beginning of today’s session in spite of calls for the UK Prime Minister to resign after admitting he attended a social gathering at No 10 during the first lockdown. At the time of writing, the GBP/USD exchange...

GBP/USD Mixed as Coronavirus Continues to Dominate Global Stage The Pound US Dollar (GBP/USD) exchange rate is trading flat in the beginning of today’s session in response to coronavirus cases remaining high. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3539, with minimal market movement....

GBP/USD Falls as Covid-19 Cases Rocket The Pound to US Dollar (GBP/USD) exchange rate is dropping in the beginning of today’s session due to coronavirus cases reaching new record heights globally. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3458, down around 0.3% on the day’s opening level....

GBP/USD Muted amid Disappointing GDP Figures The Pound to US Dollar (GBP/USD) exchange rate has fallen in response to UK’s disappointing GDP growth in October. At the time of writing, the GBP/USD exchange rate is trading at approximately $1.3201 with minimal market movement. Pound (GBP) Undermined by Slowing Growth The Pound...

GBP/USD Rises amid Three-Month-High for Construction Sector The Pound to US Dollar (GBP/USD) exchange rate has risen since the opening of today’s European session. At the time of writing, the GBP/USD exchange rate is trading at $1.3258 with a market movement of 0.2%. Pound (GBP) Strengthened by Better-Than-Expected Data The...

US Dollar (USD) Mixed Following Fed Meeting Minutes The US Dollar (USD) is trading in a narrow range against the Pound so far this morning. The November Federal Reserve meeting minutes were released last night and alluded to faster tapering than previously expected, with a recuperating jobs market and 30-year-high inflation...

Pound US Dollar (GBP/USD) Exchange Rate Subdued Amidst Profit Taking The Pound US Dollar (GBP/USD) exchange rate is trading within a narrow range today after GBP investors book some of their profits following yesterday’s post-inflation surge. At time of writing the GBP/USD exchange rate is at around $1.3493 which virtually unchanged...