Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
25 April, 2024 |
Pound Sterling's recent fall has been deemed "excessive" by some analysts who look for a steady recovery over the near-term.
23 April, 2024 |
Pound Sterling extended its recovery against the Euro, Dollar and other currencies after the Bank of England's Chief Economist made it quite clear the outlook for UK monetary policy had not changed significantly in the recent path.
23 April, 2024 |
The British Pound is recovering against the Euro and Dollar after data showed the economic rebound strengthened in April, as did inflationary pressures facing UK businesses.
22 April, 2024 |
Pound Sterling has come under renewed selling pressure amidst increasing confidence the Bank of England will cut interest rates in June.
19 April, 2024 |
GBP fell after the ONS announced UK retail sales showed no growth in March 2024 (0% month-on-month). Losses would have been greater were it not for a positive revision to 0.1% from 0% for February's release.
18 April, 2024 |
Pound Sterling failed to capitalise on the above-consensus midweek inflation figures thanks to comments made by Bank of England Governor Andrew Bailey, who signalled he is intent on cutting interest rates soon.
17 April, 2024 |
The British Pound has received a boost after the latest UK inflation print exceeded expectations.
16 April, 2024 |
The British Pound dipped against the Euro and Dollar after the unemployment rate in the UK rose to 4.2% in February from 3.9%, which was higher than the 4.0% expected by the market.
12 April, 2024 |
The British Pound was broadly supported after the ONS said the UK economy grew in February and revised higher its initial estimate for January's growth.
11 April, 2024 |
The British Pound looks vulnerable to further weakness against the Dollar but is better supported against the Euro and 'high beta' currencies following the strong U.S. inflation print that has jolted volatility.
05 April, 2024 |
The British pound has endured a soggy start to the new month, and analysts at Danske Bank expect further weakness in the coming months, while others remind us April is typically a strong month for the currency.
03 April, 2024 |
Analysts at BCA Research make the case for "short Sterling", citing technical, positioning and external vulnerabilities.
April is typically favourable for the British Pound, and analysts say that the currency can appreciate against the Euro and Dollar.
The British Pound's status as 2024's top-performing currency has been put on notice as the odds of a June interest rate cut have risen, but losses are likely to be…
The British Pound is under pressure despite an above-consensus retail sales report.
The British Pound fell after the Bank of England took a small step closer to cutting interest rates, however, weakness will be limited as the Bank continues to warn about…
The British Pound will find support from news that March saw the UK economy record another solid upturn and rising inflationary pressures.
The British Pound proved remarkably resilient after UK inflation figures undershot expectations, putting the Bank of England on course to cut interest rates in the summer.
Pound Sterling is "stretched" and at risk of a pullback heading into the Bank of England's Thursday policy decision.
The UK economy returned to growth in January, according to monthly GDP data, which can help the British Pound stabilise from its recent slide against the Euro and Dollar.
UK wage and employment data undershot market expectations, boosting the odds of a June rate cut at the Bank of England and resulting in a broadly weaker British Pound.