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Daily Exchange Rate Forecasts & Currency News

Pound Dollar forecast -

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

Pound to Dollar News: GBP/USD Exchange Rate Unsteady Amid Renewed Trump Tariff Concerns

11 Feb 2025 at 8 AM - Written by Frank Davies

The Pound to US Dollar exchange rate (GBP/USD) saw choppy movement at the start of the week as investors reacted to fresh tariff threats from US President Donald Trump. The US Dollar (USD) experienced mixed movement on Monday as markets digested Donald Trump’s latest protectionist policies. Over the weekend, Trump announced...

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Pound Sterling Under Pressure vs EUR and USD as BoE Speeches to Clarify Dovish Shift

11 Feb 2025 at 8 AM - Written by Frank Davies

Monday’s session on foreign exchange rate markets has been volatile for the third week in a row as more tariff news hits the headlines. The pound sterling is slightly lower following last week’s BoE meeting and the dovish shift in voting patterns. Both Governor Bailey and MPC member Catherine Mann are due to speak on Tuesday...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

GBP/USD Forecast: Dollar Survives US Jobs Test, Pound Blocked at $1.2500

9 Feb 2025 at 9 PM - Written by David Woodsmith

The dollar dipped in immediate reaction to the latest US employment report, but quickly regained ground amid firmer underlying data and a smaller than expected benchmark revision. At this stage, markets do not expect US interest rates will be cut below UK rates over the remainder of this year. The Pound to Dollar (GBP/USD) exchange...

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Pound to Dollar FX Predictions: GBP/USD to Slide to 1.20 say Analysts

9 Feb 2025 at 9 PM - Written by Frank Davies

Foreign exchange analysts at MUFG expect that trade tensions and US pressures will trigger further dollar gains in the short term with the Pound to Dollar (GBP/USD) exchange rate sliding below 1.20. It does, however, expect a strong recovery to 1.30 at the end of 2025. Danske Bank has a 12-month GBP/USD forecast of 1.22. GBP/USD...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro and Dollar Exchange Rates Rally Ahead of US Jobs Test

7 Feb 2025 at 11 AM - Written by Tim Boyer

The Pound vs Euro (GBP/EUR) and Pound to Dollar (GBP/USD) exchange rates dipped in immediate reaction to Thursday’s Bank of England (BoE) rate cut before rallying on Friday. Domestic data has provided an element of support for the Pound, and markets also took note of comments from BoE Governor Bailey that not too much should be read...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling in Freefall Against Dollar and Euro Following BoE Rate Cut

6 Feb 2025 at 8 PM - Written by Frank Davies

The Pound US Dollar exchange rate plunged on Thursday following the Bank of England’s (BoE) latest interest rate decision. At the time of writing, GBP/USD was trading at approximately $1.2411, up roughly 0.4% from the start of Thursday’s session. Pound (GBP) Tanks as BoE Cut Rates On Thursday, the Pound (GBP) weakened against...

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GBP/USD Forecast: Pound Ticks Higher vs Dollar Despite Strong US Labour Data

6 Feb 2025 at 9 AM - Written by Tim Boyer

The Pound US Dollar exchange rate firmed on Wednesday following the release of the US’s latest ADP employment change. At the time of writing, GBP/USD was trading at approximately $1.2532, up roughly 0.4% from the start of Wednesday’s session. On Wednesday, the US Dollar (USD) lost ground against most of its counterparts...

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Pound to Dollar Rate Hits 4-Week Best, UK Stagflation Fears to Cap Gains

6 Feb 2025 at 9 AM - Written by Frank Davies

Traders have continued to welcome the postponement of tariffs on Mexico and Canada while the US-China tensions have not disrupted markets at this stage. US yields have declined, and significant dollar losses have occurred. In this environment, the Pound to Dollar (GBP/USD) exchange rate has strengthened to 4-week highs at 1.2530...

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The Pound to Dollar News: GBP/USD Nears $1.25 as Trump’s Tariff Strategy Shifts

5 Feb 2025 at 7 AM - Written by David Woodsmith

The Pound Dollar (GBP/USD) exchange rate edged higher on Tuesday as uncertainty surrounding Donald Trump’s shifting tariff policies rattled markets. At the time of writing, GBP/USD was trading around $1.2497, 0.17% higher on the day's open. The US Dollar (USD) remained highly reactive on Tuesday, continuing the turbulence seen at...

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Pound to Dollar Forecast: GBP/USD Whipsaws on Tariff Chaos

4 Feb 2025 at 8 AM - Written by Frank Davies

The Pound US Dollar exchange rate rebounded strongly on Monday, testing highs of $1.2437 during the Asian session on Tuesday. At the time of writing, GBP/USD was trading at approximately $1.2412, down roughly 0.19% from the start of Tuesday’s session. GBPUSD had slumped on Monday as fears over a global trade war following Donald...

CATEGORIES: Pound Dollar Forecasts