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Pound Dollar forecast page 33 - GBP USD

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

LIVE EXCHANGE RATE 21:06:35 Pound Dollar Rate »
GBP/USD -0.01 Days Low Days High Last Daily
1.3548 ▼ -0.6% 1.35341 1.36611 1.36297

Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

21 Jan 2025 at 3 PM - Written by David Woodsmith

STORY LINK Pound Sterling Pares Gains Against Dollar, Euro as Trump Announces 25% Tariffs

The Pound US Dollar exchange slumped on Tuesday following a tariff announcement from President Trump and the release of the UK’s latest jobs data. At the time of writing, GBP/USD was trading at approximately $1.2245, down roughly 0.7% from the start of Tuesday’s session. On Tuesday, the US Dollar (USD) gained significant...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

19 Jan 2025 at 7 PM - Written by Frank Davies

STORY LINK Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?

Foreign exchange analysts at UBS have adjusted their forecasts and now expect the Pound to Dollar exchange rate (GBPUSD) will dip below 1.20 short-term before a move back to 1.29 by year-end. ING expects GBP/USD to remain under pressure throughout the year with an end-year forecast of 1.19. The dollar posted fresh 2-year highs at...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Softens following UK and US Data Releases

17 Jan 2025 at 12 PM - Written by Ben Hughes

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Softens following UK and US Data Releases

The Pound Sterling weakened against US Dollar on Thursday following the release of both the UK’s latest GDP data and the US’s latest retail sales. At the time of writing, the GBP/USD exchange rate was trading at approximately $1.2194, down roughly 0.4% from the start of Thursday’s session. On Thursday, the Pound (GBP)...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Mid-Week Forecast: GBP/USD Soars on UK & US Inflation

The Pound US Dollar exchange rate (GBP/USD) surged on Wednesday following the release of the latest inflation figures from both the UK and the US. Cable was trading at approximately $1.2305, up roughly 0.7% from the start of Wednesday’s session. On Wednesday, the Pound (GBP) maintained its strength against most of its major...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

16 Jan 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound Sterling and Dollar Today: UK and US Inflation Data Rocks Markets

Both UK and US inflation data came in slightly cooler than expected. However, the two reports had completely different effects. The pound is higher on Wednesday, while the US dollar is lower. Key inflation data was released in the UK and US on Wednesday. Both reports showed slightly lower than expected readings, and led to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

14 Jan 2025 at 9 PM - Written by Frank Davies

STORY LINK Pound Sterling Finds Some Breathing Space, GBP/USD Still at Risk of 1.2000

The Pound hit 14-month lows against the US Dollar, close to 1.2100 on Monday before a rally to 1.2200 as the dollar corrected weaker. A slight easing of the UK political temperature has helped provide Sterling relief. ING is not convinced that the Pound is out of the woods yet; “Things can stabilise in the gilt and GBP markets...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Exchange Rate Dips to $1.21

14 Jan 2025 at 9 PM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Dips to $1.21

The Pound to Dollar rate (GBP/USD) declined further on Tuesday as persistent worries about the UK economy unnerved investors. The Pound (GBP) faced renewed selling pressure on Tuesday amid ongoing concerns about the UK’s economic trajectory. Although UK bond yields retreated slightly from Monday’s near-three-decade highs,...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

14 Jan 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Falls vs Dollar and Euro Ahead of Next US Data

The Pound US Dollar exchange rate dropped significantly on Monday as ongoing concerns over the UK’s bond market continued putting pressure on the British currency. The British Pound (GBP) faced further decline and continued on its downward trend against most major currencies. The British currency remained under significant...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

13 Jan 2025 at 1 PM - Written by David Woodsmith

STORY LINK Pound Sterling Sellers Jump on the Bandwagon, GBP/USD Nears 1.213

The British Pound Sterling came under renewed pressure on Monday as sellers looked to trigger further pressure and position liquidation. The Pound to Dollar (GBP/USD) exchange rate has slumped to fresh 14-month lows at 1.2110. ING had expected GBP/USD support around 1.2250 but now expects that there will be a further slide to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Slides vs Dollar After US Jobs Data

12 Jan 2025 at 8 PM - Written by Tim Boyer

STORY LINK Pound Sterling Slides vs Dollar After US Jobs Data

Stronger-than-expected US data triggered a fresh surge in US and global bond yields on Friday. Higher yields triggered fresh gains in the dollar and there were further concerns surrounding the UK outlook as yields also jumped towards 16-year highs. The Pound to Dollar (GBP/USD) exchange rate slumped to 14-month lows just below...

CATEGORIES: Pound Dollar Forecasts

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