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

Pound to Dollar Forecast: Banks Radically Hike 12-month Predictions to 1.30-1.39

13 Apr 2025 at 5 PM - Written by Frank Davies

The Pound-to-Dollar exchange rate (GBP/USD) posted sharp losses to near 1.2700 early in the week before a surge to highs near 1.3150 as the dollar slumped amid very high volatility. According to ING; “The question of a potential dollar confidence crisis has now been definitively answered – we are experiencing one in full...

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Pound-to-Euro Rate Recovers as Dollar Battered on Bond Sell-off

12 Apr 2025 at 8 AM - Written by David Woodsmith

As the bond sell-off continued, the Pound to Euro rate recovered to 1.1515 towards Friday’s close from 16-month lows below 1.1450 earlier in the session. The Pound to Dollar (GBP/USD) exchange rate hit highs just below 1.3150 before a retreat to near 1.3050. There has been a notable element of consolidation in New York trading on...

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"Sell America": US Dollar Collapse Boosts Safe Havens Yen, Franc and Euro

11 Apr 2025 at 10 AM - Written by David Woodsmith

There has been further surge in demand for defensive assets overnight with evidence of panic dollar selling in markets. According to ING; “The question of a potential dollar confidence crisis has now been definitively answered – we are experiencing one in full force.” Selling intensified in early Europe as China increased...

CATEGORIES: Pound Dollar Forecasts

UK Economy: Pound Sterling Tests 1.30, GDP Boost Eclipsed by US Dollar Slide

11 Apr 2025 at 7 AM - Written by Frank Davies

The Pound Sterling (GBP) is currently testing 1.30 against the US Dollar (USD) after the latest data provided some positive news on the UK economy with a rebound in growth for February. The GBP/USD exchange rate is quoted at 1.29946. The overall impact on the Pound was limited with markets focussed on trade developments and further...

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Pound to Dollar LIVE: Soft Inflation Print Sends Sterling Past 1.29

10 Apr 2025 at 3 PM - Written by Ben Hughes

The US Dollar (USD) lost further ground against the Euro (EUR) and Pound Sterling (GBP) following the latest weaker-than-expected US inflation data. The Pound to Dollar rate jumped to highs just above 1.2950 before settling around 1.2910. According to Scotiabank; “Fundamentals are shifting in the pound’s favor as markets pare...

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GBP/USD Prediction: Pound Sterling Outlook Flips "Neutral-Bullish" say Scotiabank

10 Apr 2025 at 2 PM - Written by Frank Davies

Examining the short-term outlook, the Pound Sterling (GBP) is tipped to extend its recent recovery against the US Dollar (USD), according to the latest technical analysis by FX strategists at Scotiabank. "GBPUSD’s sharp recovery is notable" says Shaun Osborne, Chief FX Strategist at Scotiabank. "The RSI’s dip into bearish...

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Pound to Dollar Forecast: Sterling Buyers Takes Advantage of Risk Recovery

10 Apr 2025 at 10 AM - Written by David Woodsmith

The Pound strengthened to 1.2875 against the US Dollar after President Trump’s U-turn on tariffs triggered a huge wave of relief for risk appetite and equities. The trade war with China, however, has escalated and there will still be a huge dislocation to the global economy. Trump inevitably put a positive spin on events, but...

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GBP/USD Forecast: Pound Sterling Outlook is "Neutral-Bearish" say Scotiabank

9 Apr 2025 at 4 PM - Written by Tim Boyer

Looking at the near-term outlook, the Pound Sterling (GBP) is likely to trade sideways against the US Dollar (USD) , according to the latest technical analysis by FX strategists at Scotiabank. "GBPUSD’s sharp reversal of last week’s delivered a break of its one-month range and a push to fresh local lows in the mid/lower-1.28s"...

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Pound Sterling Forecast: GBP Recovers vs EUR USD, Next US-China Moves Crucial

8 Apr 2025 at 4 PM - Written by Tim Boyer

Trade considerations have continued to dominate on Tuesday with a further net recovery in risk appetite. Markets overall are slightly more confident that there will be bilateral negotiations to ease the impact of US “reciprocal” tariffs, but there is still a very high degree of uncertainty. The next move is likely to be...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Dollar Forecast: Pound Gains on Dollar as Risk Appetite Improves

8 Apr 2025 at 4 PM - Written by Frank Davies

The Pound to Dollar rate ticked higher on Tuesday, buoyed by renewed appetite for risk-sensitive currencies. At the time of writing, GBP/USD was trading at approximately $1.2770. Pp around 0.3% from Tuesday's opening rate. The US Dollar (USD) was on the back foot as improving global sentiment prompted traders to rotate out of the...

CATEGORIES: Pound Dollar Forecasts