Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Lira forecast - GBP TRY

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

Pound to Lira Exchange Rate Flat as Turkish Confidence Hits 21-Month High

29 Jan 2020 at 2 PM - Written by John Cameron

STORY LINK Pound to Lira Exchange Rate Flat as Turkish Confidence Hits 21-Month High

The Pound Sterling to Turkish Lira (GBP/TRY) exchange rate remained flat on Wednesday, leaving the pairing trading at around ₺7.7433. This morning, data revealed that confidence in Turkey’s economy rose, hitting a 21-month high at the start of 2020. The Lira was provided with an upswing in support as confidence rose for the fourth...

CATEGORIES: Pound Lira Forecasts Turkish Lira Forecasts

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Slides despite Background Brexit Optimism

5 Nov 2018 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Slides despite Background Brexit Optimism

Last week saw the Pound open trading against the Turkish Lira at a level of TRY7.1739 and close lower in the region of TRY7.0420. Pound Sterling to Turkish Lira Exchange Rate Drops -1% during Otherwise Supportive Trading The Pound (GBP) has fallen near to a 3-month low against the Turkish Lira (TRY) today, although not through any fault...

CATEGORIES: Pound Lira Forecasts

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Up 3.4% despite Brexit Handicap

9 Aug 2018 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Up 3.4% despite Brexit Handicap

Wednesday’s trading session saw the Pound to Turkish Lira (GBP/TRY) exchange rate open in the region of 6.8206 and close higher at a level of 6.8410. The Pound has struggled against most other currency peers this week, so yesterday’s GBP/TRY exchange rate rise was mainly down to the Lira being the weaker currency. On the UK side of...

CATEGORIES: Pound Lira Forecasts

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Rises on Hopes for BoE Interest Rate Hike

1 Aug 2018 at 5 PM - Written by Minesh Chaudhari

STORY LINK Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Rises on Hopes for BoE Interest Rate Hike

The Pound to Turkish Lira exchange rate opened trading on Tuesday in the region of 6.4184 and after steady appreciation during the day, closed up higher around 6.4522. This appreciation came on a relatively quiet day in terms of economic news. The main source of support for the GBP/TRY exchange rate was speculation that the Bank of...

CATEGORIES: Pound Lira Forecasts

Pound Turkish Lira (GBP/TRY) Exchange Rate Soars as BoE Points to Sooner-Than-Expected Rate Hike

8 Feb 2018 at 3 PM - Written by John Cameron

STORY LINK Pound Turkish Lira (GBP/TRY) Exchange Rate Soars as BoE Points to Sooner-Than-Expected Rate Hike

Hawkish BoE Prompts Surge in GBP/TRY Exchange Rate The Pound Sterling Turkish Lira (GBP/TRY) exchange rate soared on ‘Super’ Thursday as markets reacted to an optimistic and slightly hawkish Bank of England (BoE) rate decision. The central bank maintained the key interest rate at 0.50% - as markets largely expected – though they...

CATEGORIES: Pound Lira Forecasts

Turkish Lira TRY Forecast to Outperform Pound Sterling GBP Following Turkish Election Result

3 Nov 2015 at 7 AM - Written by Toni Johnson

STORY LINK Turkish Lira TRY Forecast to Outperform Pound Sterling GBP Following Turkish Election Result

Turkish Lira (TRY) Downtrend Forecast to End despite Geopolitical Tensions The best performing global currency during yesterday’s session was an unusual one. The Turkish Lira (currency : TRY) has been heavily downsold in recent years thanks to its function as a proxy for the virtually untradeable Egyptian Pound (currency : EGP), Syrian...

CATEGORIES: Pound Lira Forecasts Pound Sterling Forecasts Turkish Lira Forecasts

GBP TRY Forecast: Pound Turkish Lira Exchange Rate Predicted To Climb

1 May 2014 at 10 AM - Written by Minesh Chaudhari

STORY LINK GBP TRY Forecast: Pound Turkish Lira Exchange Rate Predicted To Climb

Investors hoping for an improvement in the relative value of the Turkish Lira were dealt a blow yesterday with an unexpected missive from Turkey’s central bank which is forecast to send the Pound Lira exchange rate higher GBP/TRY. Meanwhile, the Pound Swiss Franc exchange rate is drifting lower on Ukraine concerns GBP/CHF. The current...

CATEGORIES: Daily Currency Updates Pound Lira Forecasts Pound Sterling Forecasts

Pound to Rand & Pound to Lira Exchange Rates Spike Following Central Bank Decisions

29 Jan 2014 at 4 PM - Written by Frank Davies

STORY LINK Pound to Rand & Pound to Lira Exchange Rates Spike Following Central Bank Decisions

The rout of emerging market currencies has continued during today’s session following shock interest rate hikes from Turkey and South Africa’s central banks over the past 24hrs. The action from Turkey’s central bank was perhaps the most eye-catching – the Central Bank of Turkey made the shock announcement that it was raising its...

CATEGORIES: Currency Predictions Pound Lira Forecasts Pound Rand Forecasts Poun Forecasts

Turkish Lira Currency Prediction - Lira Weighed Down by Interest Rate Predictions

10 Feb 2011 at 4 PM - Written by John Cameron

STORY LINK Turkish Lira Currency Prediction - Lira Weighed Down by Interest Rate Predictions

The Turkish Central Bank’s Monetary Policy Committee is due to meet next Tuesday to decide on policy for the coming month. The New Turkish Lira weakened during today’s trading session on speculation that the meeting will herald a further interest rate cut. The Turkish MPC has chosen to cut base rate by 75 basis points in the last two...

CATEGORIES: Pound Lira Forecasts Turkish Lira Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today