Currency News

Daily Exchange Rate Forecasts & Currency News

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 06:06:45 Pound Dollar Rate »
GBP/USD +0 Days Low Days High Last Daily
1.34906 +0% 1.34906 1.34906 1.34906

Pound Rate Today: Sterling Recovers vs Dollar as Traders Looking for Breakout Trigger

25 Jun 2024 at 3 PM - Written by John Cameron

STORY LINK Pound Rate Today: Sterling Recovers vs Dollar as Traders Looking for Breakout Trigger

After posting 5-week lows close to 1.2620 late last week, the Pound to Dollar exchange rate (GBP/USD) has recovered to 1.2700 with slight net Pound gains on the crosses. Although volatility has been low, markets are continuing to fret over underlying conditions and waiting for the fresh narrative which will trigger a breakout and lead...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Week Ahead Forecast: 1.04-1.09 Ranges Over Next Three Months

23 Jun 2024 at 2 PM - Written by David Woodsmith

STORY LINK Euro to Dollar Week Ahead Forecast: 1.04-1.09 Ranges Over Next Three Months

Nordea forecasts that the Euro to Dollar (EUR/USD) exchange rate will weaken to 1.04 on a 3-month view as the Federal Reserve rules out near-term interest rates. After little immediate change amid political risks, ING expects limited net gains to 1.09 on a 3-month view. EUR/USD attempted to rally at times during the week, but...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar 12-Month Outlook: GBP/USD Exchange Rate to Weaken to 1.18

23 Jun 2024 at 2 PM - Written by Frank Davies

STORY LINK Pound to Dollar 12-Month Outlook: GBP/USD Exchange Rate to Weaken to 1.18

Danske Bank forecasts that the Pound to Dollar (GBP/USD) exchange rate will weaken to 1.18 on a 12-month view. Bank of America is still forecasting gains to 1.33 at the end of 2024. GBP/USD lost ground during the week with a slide to 5-week lows close to 1.2620 as European currencies struggled while the Bank of England moved closer...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Rate Held Below 1.2700

20 Jun 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Rate Held Below 1.2700

The US dollar retreated from intra-day highs after the latest US retail sales data, but still posted a small net gain with the Euro and Pound unable to gain sustained support. The Pound edged lower ahead of Wednesday’s inflation data with the Pound to Dollar (GBP/USD) exchange rate held around 1.2690. Looking at GBP/USD,...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rate Forecasts: Fed and Bank of England Crucial

16 Jun 2024 at 10 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate Forecasts: Fed and Bank of England Crucial

RBC Capital Markets' currency analysts expect GBP/USD will weaken to 1.23 at the end of this year with further losses to 1.19 at the end of 2025. Although Pound sentiment held firm, the Pound to Dollar (GBP/USD) exchange rate retreated to 4-week lows at 1.2660 as the dollar posted significant net gains. The UK data continued to...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rate Forecast: Retreat from 3-Month Best

14 Jun 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate Forecast: Retreat from 3-Month Best

Pound Sterling took advantage of dollar losses after the latest US inflation data with the Pound to Dollar (GBP/USD) exchange rate jumping to 3-month highs at 1.2860. The dollar recovered after a relatively hawkish Federal Reserve policy decision and GBP/USD retreated to 1.2775 on Thursday with no major impact from UK data...

CATEGORIES: Pound Dollar Forecasts

US Dollar Under Pressure Despite a Relatively Hawkish FOMC Meeting

13 Jun 2024 at 9 AM - Written by John Cameron

STORY LINK US Dollar Under Pressure Despite a Relatively Hawkish FOMC Meeting

The US dollar dropped sharply on Wednesday and is trading near the April/May lows. The FOMC meeting was relatively hawkish but was overshadowed by the CPI report which showed slowing inflation. Only one Fed rate cuts is projected this year and the neutral rate has been revised higher. It isn’t at all obvious on Wednesday’s...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rate Forecast: Markets Expect Labour Landslide

9 Jun 2024 at 1 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate Forecast: Markets Expect Labour Landslide

SocGen forecasts that the Pound to Dollar (GBP/USD) exchange rate will slide to 1.18 at the end of 2024 amid persistent dollar strength and a vulnerable Pound. MUFG, however, expects gains to just above 1.30 as the US currency loses ground. US data for most of the week was mixed with further evidence of a weaker labour market while...

CATEGORIES: Pound Dollar Forecasts

ECB Decision: Pound to Dollar Rate Needs Hawkish Guidance to Break Above 1.28

7 Jun 2024 at 8 AM - Written by John Cameron

STORY LINK ECB Decision: Pound to Dollar Rate Needs Hawkish Guidance to Break Above 1.28

The Pound to Dollar exchange rate (GBP/USD) has again been unable to hold above the 1.2800 level and traded around 1.2780 on Thursday. Domestic developments have remained limited with the 80th anniversary of D-Day commemorations taking immediate heat out of the General Election campaign. Global developments are again likely to...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Unable to Hold 11-Week Best Rate Against US Dollar

5 Jun 2024 at 7 AM - Written by John Cameron

STORY LINK Pound Sterling Unable to Hold 11-Week Best Rate Against US Dollar

The Pound to Dollar exchange rate (GBP/USD) briefly hit 11-week highs just below 1.2820 around Tuesday’s European open as the dollar index (DXY) retreated to 8-week lows and touched the 104.00 level. The Pound failed to hold the gains and retreated to around 1.2780 as the dollar recovered ground against European currencies with DXY...

CATEGORIES: Pound Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today