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Daily Exchange Rate Forecasts & Currency News

Dollar Pound forecast - USD GBP

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

LIVE EXCHANGE RATE 04:14:52 Dollar Pound Rate »
USD/GBP +0 Days Low Days High Last Daily
0.81345 +0.32% 0.81004 0.81645 0.81086

US Dollar Slides vs Pound, Euro as Trump Delays Tariffs Action

20 Jan 2025 at 10 PM - Written by Tim Boyer

The US Dollar (USD) edged lower in European trading and then posted sharp losses against the Euro (EUR) and Pound Sterling (GBP) following reports that the Trump Administration will not move to impose immediate tariffs on key trade partners. From lows close to 1.2160, the Pound to Dollar (GBP/USD) exchange rate surged to 10-day highs...

CATEGORIES: Dollar Pound Forecasts Euro Dollar Forecasts

British Pound Sterling Slides Against Euro and Dollar on 2025 UK Stagnation Fears

2 Jan 2025 at 11 AM - Written by David Woodsmith

The British Pound weakened at the start of 2025, while the US Dollar made further headway against European currencies. The Pound to Euro (GBP/EUR) exchange rate retreated to 1.2040 while the Pound to Dollar (GBP/USD) exchange rate dipped to 7-month lows at 1.2470. There are increased market concerns that the UK economy will struggle...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling Dips Against Euro and Dollar on Surprise BoE Vote Split

20 Dec 2024 at 9 AM - Written by David Woodsmith

A narrower-than-expected Bank of England (BoE) vote in favour of holding interest rates at 4.75%, triggered a Pound sell-off on Thursday. The Pound was also undermined overnight by wider dollar gains. A hawkish Fed statement had help cut market expectations of a February BoE cut to below 50%, but this was reversed after the BoE...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling Drops Against Euro and Dollar Amid Second Month of Economic Contraction

13 Dec 2024 at 10 AM - Written by Frank Davies

The Pound Sterling fell against the Euro and US Dollar following the latest UK GDP data release on Friday. The Pound to Dollar (GBP/USD) exchange rate dipped to 10-day lows at 1.2620 while the Pound to Euro (GBP/EUR) exchange rate retreated to 1.2065, well below 33-month highs of 1.2150 recorded earlier in the week. According to the...

CATEGORIES: Pound Dollar Forecasts Pound Sterling Forecasts

Dollar to Pound Sterling Outlook: Softer US Jobs Makes a FED Christmas Cut More Likely

8 Dec 2024 at 5 PM - Written by David Woodsmith

Friday’s Jobs Report was mixed. The headline number beat expectations, but the unemployment rate rose. The Fed will be more concerned with the latter and the report has increased the odds of a December cut to around 84%. Friday’s Jobs Report had the potential to shift the odds of a December cut which stood at 68% ahead of...

CATEGORIES: Dollar Pound Forecasts

Pound US Dollar Exchange Rate Climbs

25 Oct 2024 at 1 PM - Written by Frank Davies

The Pound US Dollar exchange firmed on Thursday following the publication of the latest US and UK PMI indices. At the time of writing, GBP/USD was trading at approximately $1.2972, up roughly 0.4% from the start of Thursday’s session. The Pound (GBP) gained ground against most currencies on Thursday despite the release of some...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Undermined by Anxious Market Mood

22 Oct 2024 at 8 AM - Written by John Cameron

The Pound US Dollar exchange rate ticked lower on Monday as a safe-haven dash undermined the currency pairing. At the time of writing, GBP/USD was trading at approximately $1.3018, down roughly 0.2% from the start of Monday’s session. US Dollar (USD) Supported by Downbeat Trade The US Dollar (USD) captured investors focus on...

CATEGORIES: American Dollar Forecasts Pound Sterling Forecasts

The New Zealand Dollar to Pound Rate Drops Sharply as the RBNZ Cut 50bps

10 Oct 2024 at 7 AM - Written by David Woodsmith

Wednesday’s session is mostly flat as the dollar and yields consolidate recent gains. The big move of the day comes from the New Zealand dollar which fell around –1%. This came after the RBNZ cut rates by another 50bps. This was no real surprise to markets, but the bank’s outlook and dovish tone weighed on exhancge rates....

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound to Dollar Rate Strengthens Amid Market Optimism - GBP/USD News

1 Oct 2024 at 9 AM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate maintained a positive trajectory at the start of this week, with the pairing nearing its highest level since February 2021. At the time of writing, GBP/USD was trading around $1.3421. Up approximately 0.4% from Monday’s opening levels. The US Dollar (USD) struggled to attract...

CATEGORIES: Dollar Pound Forecasts

US Dollar to Pound Exchange Rate Slides as US Labour Market Softens

13 Sep 2024 at 9 AM - Written by John Cameron

The Pound US Dollar (GBP/USD) exchange rate posted modest gains on Thursday following the latest US jobs release. At the time of writing GBP/USD was trading at around $1.3058 at the time of writing, up approximately 0.2% from Thursday’s opening levels. The Pound (GBP) faced headwinds on Thursday, hampered by a void in fresh...

CATEGORIES: Dollar Pound Forecasts