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Pound Dollar forecast page 37 - GBP USD

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

LIVE EXCHANGE RATE 08:04:56 Pound Dollar Rate »
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US Inflation Moves Reverse, While the Pound Rises Following GDP Data

15 Feb 2025 at 5 PM - Written by David Woodsmith

Wednesday’s CPI-inspired moves have mostly reversed and the US dollar is surprisingly lower since the release. The pound is the best-performing G7 currency on Thursday, with a +0.4% gain against the USD. GDP data for December and Q4 was better than expected, although the figures were still weak and won’t alter the BoE’s...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound Sterling Holds Weekly Trump Tariff Gains Against Euro and Dollar

14 Feb 2025 at 9 AM - Written by Tim Boyer

The British Pound spiked higher against the Euro (GBP/EUR) and US Dollar (GBP/USD) exchange rates on the headline UK GDP data but failed to hold the gains as the details within the data were notably less favourable and reinforced reservations over the underlying outlook. ING commented, “Fourth-quarter UK GDP wasn't as bad as it could...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar Forecast: GBP/USD Subdued Following UK, US Data

14 Feb 2025 at 9 AM - Written by David Woodsmith

The Pound US Dollar exchange rate traded mostly flat on Thursday as both the UK and the US released several economic data releases. On Thursday, the Pound (GBP) saw a modest uptick against the majority of its counterparts. This boost was sparked by the release of the UK’s GDP figures for the last quarter of the previous year,...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Exchange Rate Slides on US Inflation Shock

13 Feb 2025 at 9 AM - Written by Tim Boyer

The Pound held firm against the U.S. Dollar ahead of Wednesday’s US open before sliding after a stronger-than-expected US inflation release triggered fresh market concerns. Underlying market tensions remained high amid ongoing uncertainty and unease over the US Administration's trade policies. After initially struggling, the dollar...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Outlook: Pound to Dollar Rate Weakens Following US Inflation Data

13 Feb 2025 at 8 AM - Written by Frank Davies

The Pound US Dollar exchange rate slumped on Wednesday following the release of the US’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.24832, up roughly 0.26% from the start of Thursday’s session. On Wednesday, the US Dollar (USD) surged against most of its major counterparts after...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Under Pressure vs EUR and USD as BoE Speeches to Clarify Dovish Shift

11 Feb 2025 at 8 AM - Written by Frank Davies

Monday’s session on foreign exchange rate markets has been volatile for the third week in a row as more tariff news hits the headlines. The pound sterling is slightly lower following last week’s BoE meeting and the dovish shift in voting patterns. Both Governor Bailey and MPC member Catherine Mann are due to speak on Tuesday...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound to Dollar News: GBP/USD Exchange Rate Unsteady Amid Renewed Trump Tariff Concerns

11 Feb 2025 at 8 AM - Written by Frank Davies

The Pound to US Dollar exchange rate (GBP/USD) saw choppy movement at the start of the week as investors reacted to fresh tariff threats from US President Donald Trump. The US Dollar (USD) experienced mixed movement on Monday as markets digested Donald Trump’s latest protectionist policies. Over the weekend, Trump announced...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar FX Predictions: GBP/USD to Slide to 1.20 say Analysts

9 Feb 2025 at 9 PM - Written by Frank Davies

Foreign exchange analysts at MUFG expect that trade tensions and US pressures will trigger further dollar gains in the short term with the Pound to Dollar (GBP/USD) exchange rate sliding below 1.20. It does, however, expect a strong recovery to 1.30 at the end of 2025. Danske Bank has a 12-month GBP/USD forecast of 1.22. GBP/USD...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Forecast: Dollar Survives US Jobs Test, Pound Blocked at $1.2500

9 Feb 2025 at 9 PM - Written by David Woodsmith

The dollar dipped in immediate reaction to the latest US employment report, but quickly regained ground amid firmer underlying data and a smaller than expected benchmark revision. At this stage, markets do not expect US interest rates will be cut below UK rates over the remainder of this year. The Pound to Dollar (GBP/USD) exchange...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro and Dollar Exchange Rates Rally Ahead of US Jobs Test

7 Feb 2025 at 11 AM - Written by Tim Boyer

The Pound vs Euro (GBP/EUR) and Pound to Dollar (GBP/USD) exchange rates dipped in immediate reaction to Thursday’s Bank of England (BoE) rate cut before rallying on Friday. Domestic data has provided an element of support for the Pound, and markets also took note of comments from BoE Governor Bailey that not too much should be read...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts