Pound Dollar forecast page 31 - GBP USD

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...

Pound US Dollar (GBP/USD) Buoyed by Risk-On Trade The Pound US Dollar exchange rate hit a three-week high earlier in Friday’s session as optimism over UK-EU talks on the Northern Ireland protocol and Bank of England (BoE) rate hike expectations support Sterling. Meanwhile, the US Dollar has weakened at the end of the week due to...

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound (GBP) Strengthens on Strong...

GBP/USD Exchange Rate Fluctuates on Mixed Trading Stimuli The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range today as Sterling faces mixed trading impetus while the US Dollar (USD) lacks significant data. At the time of writing, GBP/USD is trading at $1.3622, virtually unchanged from today’s opening...

GBP/USD Exchange Strengthens Following Dire US Payrolls The Pound US Dollar (GBP/USD) exchange rate finished the week on firm footing following much lower-than-expected US non farm payrolls data. After the US jobs report printed, USD exchanges rates dipped as the data raised doubts whether the Federal Reserve would still tighten...

GBP/USD Rallies amid Bullish Market Mood The Pound US Dollar (GBP/USD) exchange rate has bounced off five-week lows today despite multiple headwinds buffeting the Pound. The upside in GBP/USD is primarily driven by a pullback in the US Dollar (USD) as a risk-on market mood saps demand for the safe-haven ‘Greenback’. Pound...