Live coverage of the British pound on Tuesday

TODAY:

British Pound Exchange Rate Outlook Today: Sterling to Euro, US Dollar, Aus Dollar

"But with US CPI likely to rise and GBP positioning already a bit stretched, GBP/USD may prove a little vulnerable today."

Monday Coverage:

Pound Sterling Today: Forecasts, Events Dominating the GBP Exchange Rate Complex

The British pound (GBP) is seeing mixed conditions at the start of the new week with strength being seen against the euro and NZ dollar in particular.

Thursday Coverage:

Pound Sterling LIVE: GBP Outlook Deteriorates vs NZ and Australian dollars, Positive vs Euro and Dollar

The British pound was rangebound against the US dollar and Euro on Thursday; however fresh weakness was witnessed against the commodity currencies.

Wednesday's Live Coverage:

British Pound Strength vs US Dollar Wanes, Trade Data is Bullish

The British Pound exchange rate complex enjoyed hefty gains against an under pressure US dollar while showing strength against the majority of major currencies. Can today's trade data cement the sterling's strength?

Tuesday's Live Coverage:

British Pound Soars, GBP Boosted by Manufacturing and Industrial Production Data

The pound sterling (GBP) is today faced with some data out of the UK's manufacturing sector. Losses are being seen vs the AUD and NZD while it will take a hefty shunt to break recent ranges against the EUR and USD.

Monday's Live Coverage:

GBP: Coverage of the Pound Sterling Exchange Rate Complex

The UK currency is weak on Monday morning following on from a disappointing first week of April. We consider the latest viewpoints on Monday.

Friday's Live Coverage:

British pound forecasts and predictions on Friday the 4th April

The pound sterling (GBP) is looking stable as we head into a busy day of data. There is nothing from the UK due, so drivers will be external and technical in nature.

Live Pound Sterling Rates:

  • British Pound / Euro exchange rate:1.2111
  • British Pound / US dollar: 1.6743
  • British Pound / Australian dollar: 1.7883
  • British Pound / Canadian dollar rate: 1.8383
  • British Pound / New Zealand dollar rate: 1.9493
  • British Pound / South African Rand rate: 17.6642

Daily Forecasts from FuturesTechs

Every day Pound Sterling Live presents a trade idea courtesy of the team at FuturesTechs, the idea includes an entry, exit and contextual relevance for the currency trader. Visit the Daily Forecast Section Here

art of forex forecasting

Previously, on the EUR-USD:

"Looks pretty bullish going into this new week and I’d be looking to buy dips unless we drop back through 1.3796. >> Read More

On the GBP-USD:

"We would expect to still see the market struggle ahead of the 1.6822 February high." >> Read more

 






5 pct more british pounds

Pound to Euro Forecast: Are You Hoping for Higher GBP-EUR Rates? 1.19 is 2014 Average sayUniCredit

In their latest update to their 2014 - 2015 pound euro exchange rate forecasts UniCredit Bank warn the pair will be stuck around the 1.19 level

Why Scotland should peg an 'independent' currency to the British pound sterling

independent scotland british pound

The positive arguments for the retention of the British pound sterling (GBP) by an independent Scotland  outweigh the arguments for the establishment of an independent free-floating currency argue Deutsche Bank. Read More