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Pound Dollar forecast page 31 - GBP USD

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

LIVE EXCHANGE RATE 10:31:20 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.30974 +0% 1.30974 1.30974 1.30974

GBP/USD Forecast: Pound Looks to 3-Year Best on US Recession Watch

28 Apr 2025 at 12 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Looks to 3-Year Best on US Recession Watch

The Pound to Dollar exchange rate (GBP/USD) has consolidated above 1.3300 with solid buying on dips to trade around 1.3345 amid another net gain for the FTSE 100 index. Much of the attention will be on high-profile US data releases such as GDP and payrolls but, given the lags involved, less glamourous data such as freight traffic and...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

27 Apr 2025 at 5 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Forecast: RSI Firmly Bullish, Resistance Closer to 1.34

In view of sharp dollar losses, most investment banks have dropped their forecasts for sustained Pound to Dollar exchange rate (GBP/USD) losses. Danske Bank and UBS both now have 12-month GBP/USD forecasts of 1.39. Standard Chartered is more cautious and has a 12-month GBP/USD forecast of 1.34. After testing 3-year highs around...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar FX Forecast: GBPUSD "Trend Remains Bullish"

25 Apr 2025 at 6 PM - Written by Tim Boyer

STORY LINK Pound to Dollar FX Forecast: GBPUSD "Trend Remains Bullish"

The Pound to Dollar rate found support below 1.3300 on Friday and traded around 1.3320. UK equities were able to make further gains, potentially advancing for the 10th successive session which would be the strongest run for over five years. Scotiabank commented on GBP/USD; “the trend remains bullish, given the sequence of higher...

CATEGORIES: Pound Dollar Forecasts

Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

25 Apr 2025 at 6 PM - Written by Frank Davies

STORY LINK Euro and Pound Sterling Forecast to Surge Against Dollar say Scotiabank

Some recently released exchange rate forecasts suggest that both the Pound Sterling (GBP) and Euro (EUR) are positioned for further gains against the US Dollar (USD). Major banks such as Danske and Scotiabank have significantly revised their currency forecasts, indicating bullish prospects for EUR/USD and GBP/USD over the next year....

CATEGORIES: Currency Predictions Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Rate Higher as Renewed Tariff Fears Spook USD Buyers

25 Apr 2025 at 7 AM - Written by Tim Boyer

STORY LINK Pound to Dollar Rate Higher as Renewed Tariff Fears Spook USD Buyers

The Pound-to- Dollar exchange rate (GBP/USD) firmed on Thursday as Donald Trump’s latest remarks on American tariffs pressured the US Dollar (USD). The US Dollar came under pressure on Thursday as investors digested a shift in tone from President Donald Trump on international trade policy. Earlier in the week, markets had...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Bullish, Next Resistance at 1.34

24 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Sterling Bullish, Next Resistance at 1.34

The Pound to Dollar exchange rate (GBP/USD) again found support close to 1.3250 and traded close to 1.3300 in Europe on Wednesday as the dollar retreated from Wednesday’s highs. Volatility has eased to some extent, but underlying stresses remain substantial with choppy trading. According to Scotiabank; “We look to near-term...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

24 Apr 2025 at 9 AM - Written by Frank Davies

STORY LINK Pound to Dollar Rate Gains to 1.33 as Trade Uncertainty Weighs on USD

The Pound to Dollar exchange rate traded sideways on Wednesday as both the UK and US released their latest preliminary PMI releases. At the time of writing, GBP/USD was trading at approximately $1.32958. On Wednesday, the US Dollar (USD) faced challenges and declined against multiple major currencies following the release of the...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

23 Apr 2025 at 5 PM - Written by Frank Davies

STORY LINK Pound to Dollar FX Forecast: Sterling "Near-term Consolidation Around 1.33"

The US dollar secured net gains on Wednesday with support from a second successive surge in equities during the day. The gains in equities and dollar were driven by another U-turn from President Trump as he stated that he was not looking to dismiss Fed Chair Powell. There was also an upbeat Administration assessment of trade...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Rate Attempts 3-Year Best, 1.3425 Key Resistance

23 Apr 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound-to-Dollar Rate Attempts 3-Year Best, 1.3425 Key Resistance

The Pound to Dollar exchange rate touched a fresh 7-month high just below 1.3425 in Asia on Tuesday before a retreat to 1.3370. The 1.3425 area remains a key resistance zone with five attempts to break above this level failing in September 2024. Further tough resistance is likely, but any break would potentially trigger gains to...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

STORY LINK GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

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