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Pound Dollar forecast - GBP USD

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

LIVE EXCHANGE RATE 13:25:10 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.38686 -0.17% 1.38565 1.39453 1.38927

GBP/USD Exchange Rate Relinquishes Early Gains as UK Retail Sales Plummet

19 Jan 2018 at 12 PM - Written by

After making some strong gains at the start of this morning’s session the Pound US Dollar (GBP/USD) exchange rate has found itself forced to retreat in the wake of some disappointing UK retail sales figures. Pound (GBP) Gains Trimmed as Domestic Retail Sales Nosedive Sterling’s advance against the US Dollar was brought to an abrupt...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Jumps Half a Cent on Rising Global Growth Outlook

15 Jan 2018 at 3 PM - Written by

Despite last week’s strong US inflation report, the British Pound to US Dollar exchange rate has continued to climb since markets opened this week. Market hopes for a ‘soft Brexit’, as well the rising global growth outlook, have made it difficult for the US Dollar to hold its ground. Thanks to soft Brexit hopes, GBP/USD surged last...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Volatile Following Impressive US Employment Report

5 Jan 2018 at 10 AM - Written by

The Pound US Dollar (GBP USD) exchange rate is trading a little erratically this morning after the pairing tumbled yesterday in the face of impressive US employment data. US Dollar (USD) Fluctuates in Wake of Employment Data After a rough start to 2018 the US Dollar finally found some respite on Thursday following a better than...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Climbs as ‘Safe Haven’ Appetite Falls

4 Jan 2018 at 4 PM - Written by

Despite some strong US data and concerns that Britain’s economic activity could slow further in 2018, the British Pound to US Dollar exchange rate advanced on Thursday afternoon. Sterling benefitted from weaker demand for ‘safe haven’ currencies like the US Dollar as the global growth outlook improved. Following advances in November...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Slumps on Disappointing UK Construction Stats

3 Jan 2018 at 5 PM - Written by

On Tuesday, the Pound to US Dollar exchange rate saw a minor improvement from the start of trading. GBP/USD opened in the region of 1.3511, later closing daily trading higher in the region of 1.3594. Construction Sector Slowdown Leads to GBP/USD Exchange Rate Decline The Pound to US Dollar rate has been weakened by domestic data...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP USD) Exchange Rate Extends Gains on ‘Greenback’ Apathy

29 Dec 2017 at 2 PM - Written by

The Pound US Dollar (GBP USD) exchange rate extended its gains on Friday, bolstered by fresh weakness in the Euro caused by apprehensions regarding the upcoming Italian general election and an ongoing lack of demand for the ‘Greenback’. Pound (GBP) Exchange Rates Capitalise on Eurozone Political Woes The Pound is on track to end...

CATEGORIES: Pound Dollar Forecasts

2018 GBP/USD Exchange Rate Outlook: UK Wages and Chinese Economy in Focus

27 Dec 2017 at 11 AM - Written by

On the week leading up to Christmas, the Pound to US Dollar exchange rate rose from an opening level of 1.3324 on Monday to close higher at 1.3360 on Friday. This advance came on a mixed week for UK data, which included falling consumer confidence and an expanding borrowing deficit. The headline news came on 22nd December, when UK GDP...

CATEGORIES: Pound Dollar Forecasts

GBP to USD Exchange Rate Remains Near Weekly Highs Despite Tax Bill Passage

20 Dec 2017 at 11 AM - Written by

Despite a lack of supportive factors in Pound trade, the British Pound to US Dollar exchange rate has advanced from its recent lows this week. Amid uncertainty about the 2018 US economic outlook, the US Dollar was unable to benefit from news that the US tax bill had passed major obstacles in Congress. After slipping from 1.3385 to 1.3321...

CATEGORIES: Pound Dollar Forecasts

GBP/USD Exchange Rate Rises ahead of CBI Stats and Tax Vote

18 Dec 2017 at 11 AM - Written by

The Pound ultimately lost ground to the US Dollar last week, owing to high uncertainty about Brexit. The GBP/USD exchange rate opened in the region of 1.3394 on Monday, later closing down lower at 1.3324 late on Friday. The week’s best pairing exchange rate was 1.3453, while the worst was 1.3306. GBP/USD Rate Rises despite Concerns...

CATEGORIES: Pound Dollar Forecasts

GBP USD Exchange Rate Holds Steady ahead of EU Summit Vote

15 Dec 2017 at 11 AM - Written by

The Pound US Dollar (GBP USD) exchange rate is holding steady this morning as investors await a vote from EU leaders later today on whether to move to the second stage of Brexit talks. Sterling Steady ahead of Key EU Vote on Brexit The Pound is holding its ground this morning as investors await the EU vote on Brexit later today. EU...

CATEGORIES: Pound Dollar Forecasts