Currency News: UK daily forex news and forecasts
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Pound to Euro Election Risk
26 Feb 2026 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Euro Election Risk
The Pound to Euro (GBP/EUR) exchange rate moved lower on Thursday as investors grew cautious amid rising political uncertainty in the UK.
At the time of writing, GBP/EUR was trading close to €1.1452, down approximately 0.2% compared with Thursday’s opening levels.
Sterling struggled to attract demand as attention centred on the Gorton and Denton by-election in Greater Manchester.
The vote has become a focal point...
CATEGORIES: Pound Euro Forecasts
GBP to USD Forecast: US PPI Data to Guide US Dollar Direction
26 Feb 2026 at 8 PM - Written by Frank Davies
STORY LINK GBP to USD Forecast: US PPI Data to Guide US Dollar Direction
The Pound US Dollar (GBP/USD) exchange rate struggled on Thursday, with markets closely monitoring developments around a key UK by-election.
At the time of writing, GBP/USD was hovering near $1.3535, slightly lower on the day after rebounding from an earlier dip to $1.3519.
The Pound softened at the start of Thursday’s session as investors kept a wary eye on the Gorton and Denton by-election, a contest that has drawn...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Gains as Rate Cut Bets Ease
26 Feb 2026 at 4 PM - Written by Frank Davies
STORY LINK British Pound to Euro Forecast: GBP Gains as Rate Cut Bets Ease
The Pound to Euro exchange rate (GBP/EUR) has climbed to one-week highs near 1.1485 as relatively hawkish Bank of England commentary reduced market confidence in an imminent March rate cut.
Sterling has drawn support from policymakers signalling continued caution on inflation, although lingering concerns over the UK labour market and political risks ahead of the Gorton and Denton by-election continue to cap upside...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar End Week Forecast: GBP Reclaims 1.35
26 Feb 2026 at 4 PM - Written by James Fuller
STORY LINK Pound to Dollar End Week Forecast: GBP Reclaims 1.35
The Pound to Dollar exchange rate (GBP/USD) has regained ground above the 1.3500 level after a bout of two-way volatility, as both Sterling and the US dollar respond to shifting interest rate expectations and lingering geopolitical uncertainty.
While resilient US economic data has underpinned the greenback, Bank of England Governor Bailey’s refusal to pre-commit to a March rate cut has helped the Pound stabilise, leaving...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Price Forecast: Pound Sterling Climbs after Trump Address
25 Feb 2026 at 5 PM - Written by Tim Boyer
STORY LINK GBP/USD Price Forecast: Pound Sterling Climbs after Trump Address
The Pound to US Dollar (GBP/USD) exchange rate rose on Wednesday as the US Dollar weakened following market reaction to President Donald Trump’s State of the Union address.
At the time of writing, GBP/USD was trading near $1.3517, representing a gain of roughly 0.2% compared with the start of the session.
The US Dollar came under pressure midweek as investors assessed the implications of Donald Trump’s State of the...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Rate Flat after Mixed German Data
25 Feb 2026 at 4 PM - Written by David Woodsmith
STORY LINK Pound-to-Euro Rate Flat after Mixed German Data
GBP/EUR Forecast: The Pound Euro (GBP/EUR) exchange rate moved without clear direction on Wednesday, with the single currency subdued after a mixed batch of data from Germany.
At the time of writing, GBP/EUR was trading at €1.1465, leaving the pairing little changed overall from its opening levels.
The Euro edged lower early on Wednesday after fresh figures from Germany, the Eurozone’s largest economy, fell short of...
CATEGORIES: Pound Euro Forecasts
British Pound to Euro Forecast: Bailey’s Caution Lifts GBP Above 1.1450
25 Feb 2026 at 9 AM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: Bailey’s Caution Lifts GBP Above 1.1450
The Pound to Euro exchange rate (GBP/EUR) has edged back above 1.1450 after Bank of England Governor Andrew Bailey stopped short of signalling an imminent March rate cut, offering Sterling modest relief after recent losses.
While markets had leaned toward dovish guidance, Bailey’s refusal to commit has tempered expectations of an automatic policy move, helping GBP/EUR nudge higher despite persistent trade uncertainty and...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: GBP Above 1.35 on US Trade Chaos
25 Feb 2026 at 9 AM - Written by Tim Boyer
STORY LINK Pound Sterling to Dollar Forecast: GBP Above 1.35 on US Trade Chaos
The Pound to Dollar exchange rate (GBP/USD) is trading just below the 1.3500 mark, held up by renewed US trade policy uncertainty after a Supreme Court ruling struck down key tariff measures, even as broader market caution persists amid mixed economic signals.
Soft US dollar sentiment following the State of the Union address and ongoing tariff confusion have limited further downside, but GBP/USD remains vulnerable until...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling Capped after Dovish Bailey Remarks
24 Feb 2026 at 8 PM - Written by Frank Davies
STORY LINK Pound Sterling Capped after Dovish Bailey Remarks
The Pound to US Dollar (GBP/USD) exchange rate traded without clear momentum on Tuesday after remarks from Bank of England Governor Andrew Bailey struck a notably cautious tone during parliamentary testimony.
At the time of writing, GBP/USD hovered near $1.3498, broadly unchanged from the start of the European session.
Sterling weakened against several major counterparts as investors assessed comments delivered by Andrew...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Volatile
24 Feb 2026 at 8 PM - Written by David Woodsmith
STORY LINK Pound-to-Euro Volatile
The Pound Euro (GBP/EUR) exchange rate seesawed on Tuesday as renewed trade tensions unsettled investors.
At the time of writing, GBP/EUR was trading at €1.1443, after swinging in a narrow but uneasy range from Monday evening into Tuesday’s European session.
The Pound wavered after fresh trade jitters unsettled investors. US President Donald Trump’s newly implemented 10% global tariff came into force, prompting...
CATEGORIES: Pound Euro Forecasts