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Pound Dollar forecast page 6 - GBP USD

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

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Pound US Dollar Exchange Rate Slumps to November Low as UK Ministers Quit on Brexit Deal

15 Nov 2018 at 2 PM - Written by David Woodsmith

STORY LINK Pound US Dollar Exchange Rate Slumps to November Low as UK Ministers Quit on Brexit Deal

For weeks, analysts had suggested that the Pound could surge when UK-EU Brexit negotiators finally reached a deal. However, when that deal was reached this week, UK political uncertainties flared up as ministers began to resign in opposition of the deal. This left the British Pound to US Dollar (GBP/USD) exchange rate plunging. Since...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Slumps on Mixed Brexit Reports

12 Nov 2018 at 5 PM - Written by Frank Davies

STORY LINK GBP to USD Exchange Rate Slumps on Mixed Brexit Reports

A surprisingly resilient US Dollar avoided losses versus the Pound last week despite the results of the US Mid-Term Elections, and the British Pound to US Dollar (GBP/USD) exchange rate continued to fall when markets opened this week as Brexit concerns returned to UK headlines. Last week saw GBP/USD open at the level of 1.2973 and close at...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

6 Nov 2018 at 4 PM - Written by James Fuller

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Steady on Backstop Worries and Midterms Election

On Monday, the Pound to US Dollar exchange rate opened in the region of $1.3005 in the morning and closed marginally higher around $1.3063 in the evening. This appreciation was caused by optimism about an apparent ‘secret’ Brexit deal being made by Prime Minister Theresa May, although official sources were quick to deny the...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Slides as Brexit Worries and Solid US Data Keep Up the Pressure

30 Oct 2018 at 2 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Slides as Brexit Worries and Solid US Data Keep Up the Pressure

Despite attempts from the UK Treasury to be optimistic during Britain’s Autumn Budget, the British Pound to US Dollar (GBP/USD) exchange rate tumbled again today. This was due to broad Brexit fears, as well as strong US data and some lingering market demand for safe haven currencies. Could GBP/USD be on track for another week of losses?...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Static ahead of Potential Crash on Fed Interest Rate Hike

26 Sep 2018 at 5 PM - Written by James Fuller

STORY LINK GBP/USD Exchange Rate Static ahead of Potential Crash on Fed Interest Rate Hike

On Tuesday, the Pound opened trading at a level of $1.3117 and closed higher around $1.3178. There was little domestic data, so Pound Sterling was instead supported by a sustained positive reaction to Monday’s remarks from Brexit Secretary Dominic Raab. Mr Raab rejected Prime Minister Theresa May’s assertion last week that Brexit...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Struggles to Hold Best Levels on US-China Trade Jitters

18 Sep 2018 at 12 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Struggles to Hold Best Levels on US-China Trade Jitters

The US Dollar has seen notable losses so far this week, as investors sell the strong currency from its best levels in profit-taking and amid underwhelming US data in recent sessions. However, the British Pound to US Dollar exchange rate has been unable to hold its best levels, as worsening US-China trade jitters mean that safe haven...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Hits Monthly High on Hopes for Brexit Deal Within 8 Weeks

11 Sep 2018 at 12 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Hits Monthly High on Hopes for Brexit Deal Within 8 Weeks

While Brexit uncertainties and US Dollar resilience have kept the pressure up, the British Pound to US Dollar (GBP/USD) exchange rate touched new monthly highs on Tuesday morning thanks to fresh optimism in UK-EU Brexit negotiations, as well as some surprisingly strong UK wage data. Despite some late-week Brexit optimism, GBP/USD still...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Restrained by Global Unease

13 Aug 2018 at 1 PM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Restrained by Global Unease

GBP/USD Exchange Rate Steadies as Geopolitical Storm Calms Following a busy week for the Pound US Dollar (GBP/USD) exchange rate, the pairing is trading in a narrow margin today. Last week saw substantial losses in GBP value relative to USD as a combination of Brexit jitters and the US-China trade war saw investors flock to the safe...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts

GBP to USD Exchange Rate Tumbles Further as No Deal Brexit Fears Dominate Trade

8 Aug 2018 at 5 PM - Written by Ben Hughes

STORY LINK GBP to USD Exchange Rate Tumbles Further as No Deal Brexit Fears Dominate Trade

While there have been no UK economic developments this week so far, the British Pound to US Dollar (GBP/USD) continues to be sold largely on worsening market fears that the UK could leave the EU with a ‘no deal’ Brexit – often seen as a worst-case scenario by economists. Following last week’s fall from 1.3103 to 1.3001, GBP/USD...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Hits Worst Level Since August 2017 as ?No Deal? Brexit Fears Worsen

6 Aug 2018 at 4 PM - Written by James Fuller

STORY LINK GBP to USD Exchange Rate Hits Worst Level Since August 2017 as ?No Deal? Brexit Fears Worsen

A strong US Dollar easily capitalised on a broadly weak Pound last week and the British Pound to US Dollar (GBP/USD) exchange rate tumbled as Brexit jitters weighed on Britain’s economic outlook, while the US Dollar benefitted from market expectations that the US economy would continue to strengthen over the coming year. Initially after...

CATEGORIES: Pound Dollar Forecasts

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