Currency News: UK daily forex news and forecasts
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Pound to Australian Dollar Forecast: Strong Trade Data Supports Aussie
6 Aug 2026 at 8 PM - Written by James Fuller
STORY LINK Pound to Australian Dollar Forecast: Strong Trade Data Supports Aussie
The Pound to Australian Dollar exchange rate (GBP/AUD) traded close to 1.9110 on Thursday, around 0.6% below last Friday’s close as stronger Australian economic data supported the Australian currency.
Pound Sterling received some protection from an improvement in UK construction activity, although banks remain cautious over the Pound’s interest-rate support ahead of next week’s Reserve Bank of Australia...
CATEGORIES: Pound Australian Dollar Forecasts
Pound-to-Dollar Forecast: GBP Climbs on Strait of Hormuz Deal Hopes
6 Aug 2026 at 10 AM - Written by Frank Davies
STORY LINK Pound-to-Dollar Forecast: GBP Climbs on Strait of Hormuz Deal Hopes
The Pound US Dollar (GBP/USD) exchange rate moved higher on Wednesday as a brighter market mood reduced demand for traditional safe-haven currencies.
At the time of writing, GBP/USD was trading at around $1.3478, up approximately 0.2% from Wednesday’s opening levels.
The US Dollar (USD) weakened during Wednesday’s session as investors rotated away from defensive assets amid growing confidence that tensions in the...
CATEGORIES: Pound Dollar Forecasts
British Pound-to-Euro Forecast: Strong PMI Data Supports GBP and EUR
6 Aug 2026 at 10 AM - Written by David Woodsmith
STORY LINK British Pound-to-Euro Forecast: Strong PMI Data Supports GBP and EUR
The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Wednesday, with stronger-than-expected services PMI readings lending support to both currencies.
At the time of writing, GBP/EUR was trading at around €1.1662, little changed from the start of the session.
The Pound (GBP) held firm on Wednesday after the UK's final services PMI painted a more encouraging picture of the country's largest...
CATEGORIES: Pound Euro Forecasts
Pound-to-Euro Forecast: EUR Stalls Ahead of Key PMI, PPI Releases
5 Aug 2026 at 9 AM - Written by James Fuller
STORY LINK Pound-to-Euro Forecast: EUR Stalls Ahead of Key PMI, PPI Releases
The Pound to Euro (GBP/EUR) exchange rate posted modest gains on Tuesday, with the lack of meaningful economic data keeping volatility to a minimum.
At the time of writing, GBP/EUR was trading at around €1.1674, up approximately 0.1% on the day.
The Pound (GBP) traded in a narrow range on Tuesday as a lack of notable UK economic releases left Sterling without any clear direction.
Even so, the increasingly...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: JOLTS Miss, Hormuz Hopes Weigh on USD
5 Aug 2026 at 8 AM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Forecast: JOLTS Miss, Hormuz Hopes Weigh on USD
The Pound to US Dollar (GBP/USD) exchange rate edged higher on Tuesday after fresh evidence suggested the US labour market is continuing to lose momentum.
At the time of writing, GBP/USD was trading at around $1.3458, up approximately 0.2% from the start of Tuesday's session.
The US Dollar (USD) weakened on Tuesday after the latest US employment data reinforced expectations that the Federal Reserve may have less...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling to Dollar Forecast: GBP Slips as Strong US ISM Data Lifts USD
4 Aug 2026 at 12 PM - Written by Frank Davies
STORY LINK Pound Sterling to Dollar Forecast: GBP Slips as Strong US ISM Data Lifts USD
The Pound to US Dollar (GBP/USD) exchange rate climbed to a two-week high at the start of the week before surrendering those gains in the wake of the latest manufacturing PMI releases.
At the time of writing, GBP/USD was trading at $1.3425, down almost 0.4% on the day.
The safe-haven US Dollar (USD) came under pressure at the start of the week as optimism over the prospect of a new ceasefire agreement between the US and...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Flat after Weak UK and German Data
4 Aug 2026 at 12 PM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: GBP Flat after Weak UK and German Data
The Pound Euro (GBP/EUR) exchange rate moved sideways on Monday as subdued economic data from both the UK and Eurozone left the pairing lacking a clear direction.
At the time of writing, GBP/EUR was trading at €1.1674, broadly unchanged compared with the opening levels for the session.
The Pound (GBP) traded in a narrow range on Monday as the latest UK economic figures failed to provide fresh direction.
The final...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Week-Ahead Forecast: USD Bullish View Is Under Pressure
3 Aug 2026 at 8 AM - Written by James Fuller
STORY LINK Euro to Dollar Week-Ahead Forecast: USD Bullish View Is Under Pressure
The Euro to Dollar exchange rate (EUR/USD) closed the las trading week near 1.1530 after gaining around 1.4%, with the post-Federal Reserve decline in US yields triggering a sharp Dollar sell-off.
Stronger Eurozone growth and inflation also supported the single currency, although US business surveys and Friday’s employment report will be crucial in determining whether EUR/USD can extend its recovery towards...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Week Ahead Forecast: US Payrolls Could Decide 1.35 Break
3 Aug 2026 at 7 AM - Written by Frank Davies
STORY LINK Pound to Dollar Week Ahead Forecast: US Payrolls Could Decide 1.35 Break
The Pound to Dollar exchange rate (GBP/USD) ended the week near 1.3482 after a sharp post-Federal Reserve advance, gaining around 1.2% from the previous Friday’s close.
Pound Sterling was also supported by three votes for an immediate Bank of England rate hike, although GBP/USD remains below July’s 1.3558 high ahead of a crucial week for US business and employment data.
GBP/USD Forecasts: US jobs test...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Week Ahead Forecast: BoE Split Offers Limited GBP Support
3 Aug 2026 at 6 AM - Written by David Woodsmith
STORY LINK Pound-to-Euro Week Ahead Forecast: BoE Split Offers Limited GBP Support
The Pound to Euro exchange rate (GBP/EUR) ended the week close to 1.1695, recovering from mid-week lows but recording a second successive weekly decline.
Sterling found support from three votes for an immediate Bank of England rate hike, although stronger Eurozone inflation and growing expectations of a September European Central Bank increase limited Pound buying.
GBP/EUR Forecasts: 1.16 support in focus
Rabobank...
CATEGORIES: Pound Euro Forecasts