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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 06:47:32 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.32228 -0.13% 1.32223 1.32448 1.32404

GBP/USD Forecast: Pound Looks to be Overbought Against Dollar

17 Apr 2025 at 11 AM - Written by David Woodsmith

After hitting 6-month highs close to 1.3300, the Pound to Dollar exchange rate dipped to test 1.3200 before rebounding to 1.3240. US equities posted sharp losses on Wednesday before a tentative rebound in futures on Thursday. Scotiabank noted that the Pound is looking overbought but added; “We look to near-term resistance around...

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Pound to Dollar LIVE: 7th Consecutive Daily GBP Gain, "Momentum Remains Bullish"

16 Apr 2025 at 3 PM - Written by David Woodsmith

The Pound to Dollar exchange rate rallied on Wednesday, striking a new multi-month high at 1.32679 amid mounting uncertainty over US trade policy. According to FX strategists at Scotiabank, "GBPUSD’s gains have extended for a seventh consecutive session and momentum remains bullish with an RSI near the overbought threshold at...

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Pound-to-Dollar Rate Now Pushing to 1.34, Sterling's 2024 Best in Sights

16 Apr 2025 at 10 AM - Written by Frank Davies

The US Dollar has been back under pressure in Asia overnight with fresh unease over US-China trade wars and renewed selling in equities. The Pound to Dollar exchange rate (GBP/USD) surged again to fresh 6-month highs close to 1.3290 and held firm despite a slightly softer-than-expected UK inflation reading. According to ING;...

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Pound to Dollar Forecast: Scope for GBP/USD Gains to 1.3290 say UoB

16 Apr 2025 at 6 AM - Written by David Woodsmith

Market fear has eased considerably over the past 24 hours with gains in US equities and bonds. The FTSE 100 index traded 0.9% higher in early trading, maintaining the recovery from last week’s slide. Deutsche Bank commented; “Whilst equities were recovering, arguably a bigger relief for investors was the recovery in the bond...

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GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

15 Apr 2025 at 4 PM - Written by Frank Davies

GBP/USD climbed to a six-month best buy exchange rate on Tuesday, buoyed by a risk-positive market mood and rising speculation over a potential UK-US trade agreement. The Pound exchange rates enjoyed support on Tuesday as investors embraced riskier assets, pushing the increasingly risk-sensitive UK currency higher against its...

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Pound Recovers Against Euro and Dollar as Sterling Outperforms G10 Currencies

15 Apr 2025 at 7 AM - Written by David Woodsmith

Pound Sterling advanced against the euro and US dollar on Monday, with GBPUSD striking a fresh six-month high amid ongoing volatility surrounding US trade policy. At the time of writing GBP/USD was trading at approximately $1.3176, up around 0.7% from Monday’s opening levels. "GBP is up 0.6% vs. the USD and outperforming most of...

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Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

14 Apr 2025 at 5 PM - Written by Tim Boyer

There are increased hopes on Monday that immediate panic in US markets has subsided. There has been a recovery in bonds, equities and the dollar, a notable reversal from the sharp losses recorded last week. The dollar, however, edged lower again towards the European close. The S&P 500 index is around 1.0% higher on the day while the...

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GBP/USD Forecast: Pound Gains on Soft Dollar and Risk Relief, Close to 1.32

14 Apr 2025 at 12 PM - Written by David Woodsmith

The Pound-to-Dollar exchange rate (GBP/USD) is trading within touching distance of the 1.32 handle on Monday. Risk appetite faltered slightly late in the Asian session on Monday, but the latest Trump concession on tariffs triggered significant overall gains in European equities which supported the Pound. The dollar was also unable...

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Pound to Dollar Forecast: Banks Radically Hike 12-month Predictions to 1.30-1.39

13 Apr 2025 at 5 PM - Written by Frank Davies

The Pound-to-Dollar exchange rate (GBP/USD) posted sharp losses to near 1.2700 early in the week before a surge to highs near 1.3150 as the dollar slumped amid very high volatility. According to ING; “The question of a potential dollar confidence crisis has now been definitively answered – we are experiencing one in full...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound-to-Euro Rate Recovers as Dollar Battered on Bond Sell-off

12 Apr 2025 at 8 AM - Written by David Woodsmith

As the bond sell-off continued, the Pound to Euro rate recovered to 1.1515 towards Friday’s close from 16-month lows below 1.1450 earlier in the session. The Pound to Dollar (GBP/USD) exchange rate hit highs just below 1.3150 before a retreat to near 1.3050. There has been a notable element of consolidation in New York trading on...

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