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Pound Dollar forecast - GBP USD]

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

Pound to Dollar Price Forecast: "Push Higher to Low 1.34 Area"

6 Aug 2025 at 8 AM - Written by David Woodsmith

Pound Sterling held a firm tone in global markets with the US ciurrency attempting to stabilise and the Pound to Dollar exchange rate (GBP/USD) settling just below the 1.3300 level. According to UoB; “Today, GBP could continue to trade in a range, most likely between 1.3260 and 1.3330.” Scotiabank is now significantly more...

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Pound to Dollar Price Forecast: GBP Consolidates "Hefty Gains"

5 Aug 2025 at 2 PM - Written by Ben Hughes

Short-term technical indicators suggest the Pound to US Dollar exchange rate (GBP/USD) is attempting to consolidate its recent rebound, with key resistance and support levels now in focus. According to Scotiabank analysts, “GBP/USD short-term technicals: Neutral - Sterling is also consolidating the hefty gains from Friday’s...

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Pound to Dollar Forecast: GBP Eyes 1.33 as Markets Bet on BoE Rate Cut

5 Aug 2025 at 7 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) surged on Friday following a dismal US labour market report but failed to hold above the 1.3300 handle. The GBP/USD rate found support near 1.3250 and resumed its ascent on Monday, again challenging the 1.3300 level as the US Dollar remained under pressure across global...

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Pound Sterling to Dollar Forecast: GBP Rebounds as FED Rate Bets Intensify

4 Aug 2025 at 5 PM - Written by Frank Davies

The Pound US Dollar exchange rate (GBP/USD) edged higher at the start of the week amid a risk-on mood, although gains were limited in the absence of fresh economic data and ahead of key risk events later in the week. At the time of writing, GBP/USD was trading at $1.3302, up around 0.2% on the day. The US Dollar (USD) was subdued...

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Pound to Dollar Week Ahead Forecast: 1.33 Short-Term Target

4 Aug 2025 at 10 AM - Written by Frank Davies

Currency exchange strategists at Scotiabank forecast the Pound to Dollar exchange rate (GBP/USD) to gain to 1.48 by the end of 2026 amid a weak dollar trend. HSBC, however, expects GBP/USD will make only slight gains to 1.35 by the second quarter of 2026. GBP/USD posted sharp losses to 10-week lows around 1.3140 early on Friday...

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Pound to Dollar Forecast: Shock US Jobs Report Rescues Sterling

3 Aug 2025 at 6 PM - Written by Frank Davies

Pound Sterling remained under pressure ahead of Friday’s New York open and the Pound to Dollar (GBP/USD) exchange rate slumped to 11-week lows close to 1.3140. Ahead of the US data, Scotiabank noted; “The latest bear run is threatening the mid-May lows and opening up the potential for a push toward anticipated support at the...

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GBP/USD Forecast: Pound Surges Against Dollar as US Jobs Slows Sharply

1 Aug 2025 at 5 PM - Written by Ben Hughes

The US Dollar dived after the latest US jobs data, and the Pound to Dollar (GBP/USD) exchange rate recovered from 10-week lows near 1.3140 to just above the 1.3300 level in an immediate reaction. Another important element, however, was a decline in equity markets and a weaker tone surrounding risk appetite with unease over US tariff...

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Pound Sterling to Dollar Forecast: Risk of GBP Retreat to 1.3150

1 Aug 2025 at 7 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) came under renewed pressure after the Federal Reserve held interest rates at 4.50% and Fed Chair Powell struck a notably hawkish tone. With no sign of a September rate cut and dissent from two dovish members, the US Dollar surged while the Pound Sterling dipped to 11-week lows, weighed...

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Pound Sterling Hits Low Against Dollar and Euro on Hawkish Fed

31 Jul 2025 at 1 PM - Written by David Woodsmith

The Pound to US Dollar (GBP/USD) exchange rate hovered near a two-month low on Thursday, with the Greenback consolidating gains from the previous session. At the time of writing, GBP/USD was trading at around $1.3243, largely unchanged from Thursday’s opening levels. The US Dollar (USD) opened Thursday’s session on solid...

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Pound to Dollar Support "to be Limited" on Three BoE Rate Cuts in 2025

31 Jul 2025 at 8 AM - Written by Tim Boyer

The Pound-to-Dollar exchange rate (GBP/USD) secured a limited net advance in early Europe on Wednesday, but the recovery reversed decisively after the New York open as firm US data triggered another lurch lower for European currencies. From highs around 1.3385, the pair dipped sharply to fresh 10-week lows just below the 1.3300...

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