Pound Dollar forecast -
A round up of the latest Pound Dollar forecast news items from the Currency News desk.
GBP/USD Forecast: Pound Sterling Test of 1.2990 Best "is Developing"
17 Mar 2025 at 9 PM - Written by David Woodsmith
STORY LINK GBP/USD Forecast: Pound Sterling Test of 1.2990 Best "is Developing"
Pound Sterling (GBP) was rangebound versus the US Dollar (USD) on Monday despite the release of some underwhelming US retail sales data.
At the time of writing, the Pound US Dollar exchange rate was trading at approximately $1.2971, virtually unchanged from the start of Monday’s session.
On Monday, the US Dollar (USD) faced...
CATEGORIES: Pound Dollar Forecasts
Pound and Euro "Track the Broader Trend in US Dollar", GBP/USD Weakly Bullish
13 Mar 2025 at 3 PM - Written by David Woodsmith
STORY LINK Pound and Euro "Track the Broader Trend in US Dollar", GBP/USD Weakly Bullish
Pound Serling (GBP) ticked lower on Thursday, as the pairing lost momentum following a strong rally earlier in the week.
At the time of writing, the Pound US Dollar exchange rate (GBP/USD) was trading at around $1.2895, down approximately 0.2% from Thursday’s opening levels.
The US Dollar (USD) trended higher on Thursday as...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Unable to Break 1.30 - Where Next?
13 Mar 2025 at 3 PM - Written by Tim Boyer
STORY LINK GBP/USD Forecast: Pound Sterling Unable to Break 1.30 - Where Next?
The Pound to Dollar exchange rate (GBP/USD) peaked at 4-month highs just below 1.2990 on Wednesday before a retreat to near 1.2950.
Huge global influences of trade wars and the Ukraine situation will remain crucial for markets with stock market trends also watched very closely.
Markets will also have to factor in the possibility of...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Subdued as US Inflation Cools
12 Mar 2025 at 9 PM - Written by Frank Davies
STORY LINK GBP/USD Forecast: Pound Sterling Subdued as US Inflation Cools
The British Pound Sterling (GBP) remained largely static versus the U.S. Dollar (USD) on Wednesday, as fresh US inflation figures failed to generate significant movement in the pairing.
At the time of writing, the Pound US Dollar exchange rate (GBP/USD)was trading at $1.2934, showing minimal change from the morning’s opening...
CATEGORIES: Pound Dollar Forecasts
US Dollar: USD/GBP Extends Losses Ahead of Crucial US Inflation Print
12 Mar 2025 at 9 AM - Written by Frank Davies
STORY LINK US Dollar: USD/GBP Extends Losses Ahead of Crucial US Inflation Print
The US Dollar fell back against the Pound Sterling (GBP) on Tuesday following the publication of some US labour data.
At the time of writing, the Pound-to-Dollar exchange rate was trading at approximately $1.2920, up roughly 0.4% from the start of Thursday’s session.
On Tuesday, the US Dollar (USD) encountered some volatility...
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GBP/USD Rate "Targets 1.3120" as Nasdaq Crash Driving FX Markets
11 Mar 2025 at 1 PM - Written by Frank Davies
STORY LINK GBP/USD Rate "Targets 1.3120" as Nasdaq Crash Driving FX Markets
US equities posted sharp losses on Monday with a further sell-off in tech stocks. The Nasdaq index declined 4%, the sharpest decline for over two years.
The slide in US equities undermined confidence in the US outlook with the dollar index at fresh 4-month lows.
The Pound to Dollar (GBP/USD) exchange rate again found support below...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Extends Best Rate of 2025, $1.30 in Target for Buyers
11 Mar 2025 at 9 AM - Written by Frank Davies
STORY LINK Pound to Dollar Extends Best Rate of 2025, $1.30 in Target for Buyers
Pound Sterling (GBP) traded mostly flat against the US Dollar (USD) on Monday despite worries over the US economy.
At the time of writing, the Pound to Dollar exchange rate (GBP/USD) was trading at approximately $1.2917, virtually unchanged from the start of Monday’s session.
On Monday, the US Dollar (USD) had a tough time...
CATEGORIES: Pound Dollar Forecasts
US Dollar: GBP/USD Rate Tests 4-Month Best as Markets Await US NFP
7 Mar 2025 at 8 AM - Written by Frank Davies
STORY LINK US Dollar: GBP/USD Rate Tests 4-Month Best as Markets Await US NFP
Pound Sterling (GBP) overall has struggled on the crosses while the US Dollar (USD) has struggled amid ongoing recession fears and revised ECB guidance after the latest rate cut triggered further Euro gains.
The Pound-to-Dollar exchange rate (GBP/USD) hit 16-week highs just above 1.2920 before trading around 1.2885.
Scotiabank...
CATEGORIES: Pound Dollar Forecasts