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Pound Dollar forecast page 8 - GBP USD

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

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GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar

27 Nov 2018 at 5 PM - Written by Toni Johnson

STORY LINK GBP to USD Exchange Rate Tumbles as Trade Uncertainties and Fed Bets Boost Dollar

Fresh comments from US President Donald Trump, as well as new Federal Reserve interest rate hike bets, were the primary causes of British Pound to US Dollar (GBP/USD) exchange rate movement on Tuesday. However, the US Dollar’s appeal was limited by mixed US consumer confidence data and lingering risk-sentiment. While GBP/USD only slipped...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Dollar Outlook: GBP/USD Rate Soars on Brexit News

22 Nov 2018 at 4 PM - Written by David Woodsmith

STORY LINK Pound-to-Dollar Outlook: GBP/USD Rate Soars on Brexit News

Pound Sterling to US Dollar (GBP/USD) Exchange Rate Surges on Brexit News The Pound Sterling US Dollar (GBP/USD) exchange rate surged around 0.7% today and is currently trading at USD$1.2870 after favourable Brexit news following Wednesday’s meeting between Prime Minister Theresa May and EC President Jean-Claude Juncker. USD meanwhile...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Exchange Rate: May?s Brexit Draft Discussions Steady Sterling

19 Nov 2018 at 3 PM - Written by David Woodsmith

STORY LINK Pound to Dollar Exchange Rate: May?s Brexit Draft Discussions Steady Sterling

GBP/USD Exchange Rate Finds Footing during Lull in Brexit News The Pound US Dollar (GPB/USD) exchange rate saw something of a recovery today, with Sterling up 0.3% against the ‘Greenback’, and currently trading at $1.28. As Prime Minister Theresa May presses on with her Brexit deal, demonstrating resilience despite the threat of a...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Edges Away from Worst Levels on UK Prime Minister Reassurances

16 Nov 2018 at 11 AM - Written by Ben Hughes

STORY LINK GBP/USD Edges Away from Worst Levels on UK Prime Minister Reassurances

Due to a combination of political turmoil in Britain, as well as some solid US data, the British Pound to US Dollar (GBP/USD) exchange rate plummeted on Thursday. Friday saw the pair rebound just slightly as markets cooled – but many analysts believe that this may be just the beginning of the Pound’s late-year political woes. After...

CATEGORIES: Pound Dollar Forecasts

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

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