Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

A round up of the latest currency predictions from the Currency News desk.

Pound to Dollar Forecast: GBP/USD Unable to Break Resistance Levels

17 Aug 2025 at 1 PM - Written by Tim Boyer

The Pound to Dollar exchange rate (GBP/USD) found support above 1.35 on Thursday and advanced to 1.3565 after Friday’s New York open as the dollar failed to hold Thursday’s gains. There was a limited retreat for the FTSE 100 index, although overall risk appetite held firm while volatility levels remain contained. The Pound will...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Week Ahead Forecast: 1.40 Key Resistance

10 Aug 2025 at 6 PM - Written by Tim Boyer

Foreign exchange strategists at ING forecast that the US dollar will weaken over the medium term, but they expect that the Pound to Dollar (GBP/USD) exchange rate will not be able to break 1.40 with a 12-month forecast of 1.36 as the Pound also struggles in global markets. The Bank of England cut interest rates by 25 basis points to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

British Pound to Euro Forecast: Sell GBP/EUR Rallies, But Not Yet

5 Aug 2025 at 2 PM - Written by Frank Davies

The Pound to Euro exchange rate (GBP/EUR) found support just above 1.1450 on Monday and has strengthened back above the 1.1500 level on Tuesday. Markets will be watching the Bank of England to see whether GBP/EUR can break resistance near 1.1630 or support around 1.1420. UBS will be looking to sell GBP/EUR rallies, but not yet;...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound-to-Euro Week Ahead Forecast: GBP Retreat to 1.1365, says Bank

3 Aug 2025 at 7 PM - Written by James Fuller

Foreign exchange analysts at MUFG expect a gradual Pound to Euro exchange rate (GBP/EUR) retreat to 1.1365 by the second quarter of 2026 amid lacklustre UK fundamentals and gradual interest rate cuts. There was high volatility in GBP/EUR during the week, primarily under global influences, although Pound sentiment also deteriorated...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: GBP Underperforms on UK Tax Hike Fears

1 Aug 2025 at 8 PM - Written by Tim Boyer

The Pound Sterling has remained on the defensive in global markets with the Pound to Euro exchange rate (GBP/EUR) retreating to near 1.1467. Domestically, a very negative business confidence survey grabbed the headlines, although the overall evidence was mixed with a rival survey at a 9-year high. The extreme divergence will cause...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: "Less Dovish ECB" Could Bring 1.1365 Target Sooner

27 Jul 2025 at 4 PM - Written by Frank Davies

There was a bounce in UK retail sales for June, but it failed to support the Pound Sterling against the Euro amid evidence of underlying vulnerability and consumer angst. The Euro exchange rates also made net gains on increased speculation that the ECB will resist further interest rate cuts. The Pound to Euro (GBP/EUR) exchange rate...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound-to-Dollar Forecast: "GBP Strength was Short-lived"

27 Jul 2025 at 4 PM - Written by David Woodsmith

Stagflation Fears Continue to Undermine Pound Support, GBP/USD Risks Key Downside Break The Pound to Dollar exchange rate (GBP/USD) dipped towards 1.3500 on Thursday and retreated below this level in early Europe on Friday with further selling. The dollar has secured net gains in global markets while the UK data has not provided...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Near-Term Forecast: "Favour a Move to 1.150"

20 Jul 2025 at 4 PM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) found support below 1.1600 on Friday and rallied to around 1.1665 with markets still unsettled by concerns that Fed policy will be politicised. According to UoB; “The rebound and slowing momentum suggests that instead of continuing to weaken, EUR is more likely to trade sideways, probably...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

Pound to Dollar Forecast: GBP/USD Unable to Break Resistance Levels

17 Aug 2025 at 1 PM - Written by Tim Boyer

The Pound to Dollar exchange rate (GBP/USD) found support above 1.35 on Thursday and advanced to 1.3565 after Friday’s New York open as the dollar failed to hold Thursday’s gains. There was a limited retreat for the FTSE 100 index, although overall risk appetite held firm while volatility levels remain contained. The Pound will...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Week Ahead Forecast: 1.40 Key Resistance

10 Aug 2025 at 6 PM - Written by Tim Boyer

Foreign exchange strategists at ING forecast that the US dollar will weaken over the medium term, but they expect that the Pound to Dollar (GBP/USD) exchange rate will not be able to break 1.40 with a 12-month forecast of 1.36 as the Pound also struggles in global markets. The Bank of England cut interest rates by 25 basis points to...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

British Pound to Euro Forecast: Sell GBP/EUR Rallies, But Not Yet

5 Aug 2025 at 2 PM - Written by Frank Davies

The Pound to Euro exchange rate (GBP/EUR) found support just above 1.1450 on Monday and has strengthened back above the 1.1500 level on Tuesday. Markets will be watching the Bank of England to see whether GBP/EUR can break resistance near 1.1630 or support around 1.1420. UBS will be looking to sell GBP/EUR rallies, but not yet;...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound-to-Euro Week Ahead Forecast: GBP Retreat to 1.1365, says Bank

3 Aug 2025 at 7 PM - Written by James Fuller

Foreign exchange analysts at MUFG expect a gradual Pound to Euro exchange rate (GBP/EUR) retreat to 1.1365 by the second quarter of 2026 amid lacklustre UK fundamentals and gradual interest rate cuts. There was high volatility in GBP/EUR during the week, primarily under global influences, although Pound sentiment also deteriorated...

CATEGORIES: Currency Predictions Pound Euro Forecasts

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...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro Forecast: GBP Underperforms on UK Tax Hike Fears

1 Aug 2025 at 8 PM - Written by Tim Boyer

The Pound Sterling has remained on the defensive in global markets with the Pound to Euro exchange rate (GBP/EUR) retreating to near 1.1467. Domestically, a very negative business confidence survey grabbed the headlines, although the overall evidence was mixed with a rival survey at a 9-year high. The extreme divergence will cause...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound to Euro Forecast: "Less Dovish ECB" Could Bring 1.1365 Target Sooner

27 Jul 2025 at 4 PM - Written by Frank Davies

There was a bounce in UK retail sales for June, but it failed to support the Pound Sterling against the Euro amid evidence of underlying vulnerability and consumer angst. The Euro exchange rates also made net gains on increased speculation that the ECB will resist further interest rate cuts. The Pound to Euro (GBP/EUR) exchange rate...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound-to-Dollar Forecast: "GBP Strength was Short-lived"

27 Jul 2025 at 4 PM - Written by David Woodsmith

Stagflation Fears Continue to Undermine Pound Support, GBP/USD Risks Key Downside Break The Pound to Dollar exchange rate (GBP/USD) dipped towards 1.3500 on Thursday and retreated below this level in early Europe on Friday with further selling. The dollar has secured net gains in global markets while the UK data has not provided...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Euro to Dollar Near-Term Forecast: "Favour a Move to 1.150"

20 Jul 2025 at 4 PM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) found support below 1.1600 on Friday and rallied to around 1.1665 with markets still unsettled by concerns that Fed policy will be politicised. According to UoB; “The rebound and slowing momentum suggests that instead of continuing to weaken, EUR is more likely to trade sideways, probably...

CATEGORIES: Currency Predictions Euro Dollar Forecasts