Currency News: UK daily forex news and forecasts
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British Pound Forecast: GBP/USD Pressured by Weak UK Jobs Data, US-Iran Tensions
18 Aug 2026 at 11 PM - Written by James Fuller
STORY LINK British Pound Forecast: GBP/USD Pressured by Weak UK Jobs Data, US-Iran Tensions
The Pound US Dollar (GBP/USD) exchange rate moved modestly lower on Tuesday as renewed uncertainty in the Middle East encouraged investors to seek the safety of the US Dollar.
At the time of writing, GBP/USD was trading at around $1.3527, slightly below Tuesday’s opening levels.
The US Dollar (USD) strengthened on Tuesday, building on the recovery it began late on Monday as worsening geopolitical sentiment prompted...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Slips as UK Labour Market Loses Momentum
18 Aug 2026 at 11 PM - Written by David Woodsmith
STORY LINK Pound-to-Euro Slips as UK Labour Market Loses Momentum
The Pound to Euro (GBP/EUR) exchange rate edged lower on Tuesday after the latest UK labour market figures pointed to a loss of momentum in employment.
At the time of writing, the GBP/EUR exchange rate was trading at around €1.1688, down modestly from Tuesday's opening levels.
The Pound (GBP) struggled on Tuesday as the latest UK employment figures raised fresh concerns about the health of the domestic labour...
CATEGORIES: Pound Euro Forecasts
British Pound to Euro Forecast: GBP Slips as UK Jobs Data Fuels BoE Doubts
18 Aug 2026 at 12 PM - Written by James Fuller
STORY LINK British Pound to Euro Forecast: GBP Slips as UK Jobs Data Fuels BoE Doubts
The Pound to Euro (GBP/EUR) exchange rate lost ground on Tuesday after the latest UK labour-market data reinforced evidence that employment conditions are cooling.
GBP/EUR traded around 1.1684 during the European session, down approximately 0.1% on the day after failing to hold above 1.1700.
According to ING; “We are still hanging on to slightly negative sterling views, even though M&A inflows may be providing...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar News, Forecast: GBP Retreats from Three-Month Best
18 Aug 2026 at 12 PM - Written by David Woodsmith
STORY LINK Pound to Dollar News, Forecast: GBP Retreats from Three-Month Best
The Pound to Dollar (GBP/USD) exchange rate retreated on Tuesday after softer UK labour-market data encouraged some profit-taking following Sterling’s recent advance.
GBP/USD had climbed to three-month highs above 1.3570 on Monday as weaker US economic data reduced expectations for another Federal Reserve interest-rate increase.
The pair subsequently slipped back towards 1.3520 on Tuesday, although it remained...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling Forecast: UK Inflation in Focus after GBP/USD Pulls Back from $1.3570
17 Aug 2026 at 12 PM - Written by Frank Davies
STORY LINK Pound Sterling Forecast: UK Inflation in Focus after GBP/USD Pulls Back from $1.3570
The Pound US Dollar (GBP/USD) exchange rate weakened on Tuesday after the latest UK labour-market data pointed to a further cooling in employment conditions.
At the time of writing, GBP/USD was trading at around $1.3523, down approximately 0.2% on the day and below Monday’s three-month high above $1.3570.
The Pound (GBP) came under modest pressure after the latest employment report suggested that the UK labour market...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Rate Slips as UK Jobs Data Disappoints
17 Aug 2026 at 12 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Slips as UK Jobs Data Disappoints
The Pound to Euro (GBP/EUR) exchange rate weakened on Tuesday after the latest UK labour-market data pointed to a further cooling in employment conditions.
At the time of writing, GBP/EUR was trading at around €1.1684, down approximately 0.1% on the day and below Monday’s close near €1.1697.
The Pound (GBP) came under modest pressure after official figures showed that the UK labour market continued to lose...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: Fed Doubts Lift EUR/USD to Four-Week High
17 Aug 2026 at 9 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: Fed Doubts Lift EUR/USD to Four-Week High
The Euro to Dollar exchange rate (EUR/USD) has climbed to four-week highs above 1.1580 as fading expectations of a September Federal Reserve rate hike weigh on the US currency.
The Euro's advance remains vulnerable, however, with European natural gas prices above €60/MWh and continued disruption through the Strait of Hormuz threatening to undermine the region's improving economic outlook.
EUR/USD Forecasts:...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Dollar Weekly Forecast: USD Retreat Pushes GBP to Three-Month Best
17 Aug 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound-to-Dollar Weekly Forecast: USD Retreat Pushes GBP to Three-Month Best
The Pound to Dollar exchange rate (GBP/USD) has climbed to three-month highs above 1.3550 as resilient UK growth, attractive yields and fading expectations of an imminent Federal Reserve rate hike combine to support Sterling.
With US inflation continuing to moderate and retail sales weakening, markets are increasingly questioning whether the Fed will tighten at all in September.
GBP/USD Forecasts: Fed rethink?
SocGen...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Week Ahead Forecast: GBP Targets 1.1925 as FX Volatility Collapses
17 Aug 2026 at 7 AM - Written by James Fuller
STORY LINK Pound to Euro Week Ahead Forecast: GBP Targets 1.1925 as FX Volatility Collapses
The Pound to Euro exchange rate (GBP/EUR) has held close to 1.1700 as exceptionally subdued currency volatility continues to favour Sterling's attractive carry profile.
With G7 FX volatility falling to multi-year lows, investors have remained willing to hold higher-yielding currencies despite UK fiscal uncertainty and geopolitical risks, although banks remain sharply divided over whether the Pound can sustain its...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Outlook: GBP Eyes 1.36 after Weak US Data
16 Aug 2026 at 11 PM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Outlook: GBP Eyes 1.36 after Weak US Data
The Pound to Dollar (GBP/USD) exchange rate was trading close to 1.3540 at the start of the new week after Sterling reached its strongest level in around three months on Friday.
GBP/USD touched 1.3560 before a limited correction, with the 1.3550 area remaining an important near-term resistance zone.
Low currency-market volatility and demand for higher-yielding currencies have continued to provide underlying support for...
CATEGORIES: Pound Dollar Forecasts