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

Pound to Euro Rate Dragged Lower by EUR/USD Rally to 1.11

10 Apr 2025 at 2 PM - Written by David Woodsmith

A EUR/USD rally past 1.11 on foreign exchange markets has dragged the Pound Sterling lower against the Euro on Thursday. The Pound Euro (GBP/EUR) exchange rate weakened on Thursday following US President Donald Trump’s U-turn on his global tariffs. On Thursday, the Euro (EUR) gained strength against most of its trading partners...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

Pound Rebounds Against Euro and Dollar After US Tariff Pause

10 Apr 2025 at 7 AM - Written by James Fuller

Pound Sterling advanced against the euro and US dollar into Thursday's session after markets reacted dramatically to President Trump's announcement of a 90-day tariff pause, sharply reducing fears of an immediate global recession. GBP/USD climbed from lows of 1.2748 to current levels of 1.280, while GBP/EUR rose from 1.1515 to trade...

CATEGORIES: Pound Sterling Forecasts

90-Day Tariff Pause: Pound CRASHES vs Australian, NZ, Canadian Dollars - Steady vs Euro and Dollar

9 Apr 2025 at 7 PM - Written by David Woodsmith

US markets surged on the news that the global tariffs would be suspended for 90 days, except for China, and foreign exchange rates also saw significant moves. The Pound logged its biggest advance against the Israeli Sheqel (GBP/ILS), rising by 1.6% to 4.8945. It also gained 1.53% on the Japanese Yen (GBP/JPY), climbing to 189.36139,...

CATEGORIES: Pound Sterling Forecasts

Pound Euro Exchange Rate Soft Amid Stocks Screens "Sea of Red", EUR/USD Consolidates

7 Apr 2025 at 2 PM - Written by Ben Hughes

TARIFF TRADE UPDATE: The Pound to Euro rate slipped on Monday amid a cautious market mood and the publication of the Eurozone’s latest retail sales data. At the time of writing, the GBP/EUR was trading at around €1.1718, down roughly 0.4% from Monday’s opening levels. On Monday, the Euro (EUR) saw a significant rise against...

CATEGORIES: Euro Forecasts Pound Sterling Forecasts

US Jobs Data Stems Panic Selling, GBP/EUR and GBP/USD Recover

5 Apr 2025 at 8 AM - Written by Frank Davies

Markets have attempted to stabilise after the US jobs data, but the underlying mood remains extremely fragile. Earlier, confidence took a further dive following China’s announcement that it would impose retaliatory 34% tariffs on imports from the US. The move triggered further concerns over retaliation by other countries and...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Pound Sterling Forecast: What the Budget Means for GBP vs EUR, USD?

28 Mar 2025 at 8 AM - Written by Tim Boyer

The pound has made moderate gains against the euro and USD this week. The Spring Budget managed to avoid any unwanted market reactions and long-term growth was actually revised slightly higher. Headline inflation missed estimates but services remained high and the BoE will not be swayed by a dip in the readings as increases are...

CATEGORIES: Pound Sterling Forecasts

UK Budget: Growth and Trade Fears Curb Pound Forecast Outlook

27 Mar 2025 at 9 AM - Written by Tim Boyer

Underlying reservations over the UK growth outlook curbed Pound confidence in global markets. Trade fears and wider uncertainty surrounding the international outlook also remained a key element ahead of the April 2nd US Administration announcement on tariffs. The overall budget impact was limited with some relief in the bond market as...

CATEGORIES: Pound Sterling Forecasts

British Pound Steady vs Euro and Dollar following Eurozone and UK Data Releases

25 Mar 2025 at 12 PM - Written by Tim Boyer

The Pound was trapped in a narrow range against currency peers Euro and US Dollar on Tuesday following the release of some economic data from the Eurozone and the UK. At the time of writing, the Pound to Euro exchange rate GBP/EUR was trading at around €1.1971, virtually unchanged from Tuesday’s opening levels. On Tuesday, the...

CATEGORIES: Pound Sterling Forecasts

Pound to Dollar Forecast: "Bullish Outside Range Reversal" say Analysts

24 Mar 2025 at 3 PM - Written by Tim Boyer

The Pound US Dollar exchange rate traded mostly flat on Monday as the UK and the US both released their respective preliminary S&P Global PMIs. At the time of writing, GBP/USD was trading at approximately $1.2925, virtually unchanged from the start of Monday’s session. Pound (GBP) Stays Strong despite Mixed PMIs On Monday, the...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Bank of England: Pound Sterling Could Dive vs Euro, Dollar on Unexpected BoE Cut

19 Mar 2025 at 5 PM - Written by David Woodsmith

There are very strong expectations that the Bank of England will hold interest rates at 4.50% this week with all 61 economists in the latest Reuters survey calling for no change. - The Pound will slump if there is an unexpected cut. - Assuming rates are left at 4.50%, the vote split and guidance will be the key elements. -...

CATEGORIES: Pound Sterling Forecasts