MENU
British Pound: Potential Election Outcomes and their Impacts on the Exchange Rate

British Pound: Potential Election Outcomes and their Impacts on the Exchange Rate


With news that the Conservative party have had their lead slashed to 5% in the latest YouGov poll markets are quickly considering a future of coalition government, or indeed, Labour rule. What does this mean for the Pound?

Euro

Pound to Euro Latest

1.1446▼

-0.83%

Previous Close:

1.1542

Today's High:

1.1547

Today's Low:

1.1428

US Dollar

Pound to US Dollar Latest

1.2794▼

-1.12%

Previous Close:

1.2939

Today's High:

1.2946

Today's Low:

1.2775

Australian Dollar

Pound to Australian Dollar Latest

1.7185▼

-0.99%

Previous Close:

1.7357

Today's High:

1.7366

Today's Low:

1.717

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.8097▼

-1.78%

Previous Close:

1.8425

Today's High:

1.844

Today's Low:

1.8097

South African Rand

Pound to South African Rand Latest

16.4476▼

-1.61%

Previous Close:

16.7173

Today's High:

16.7338

Today's Low:

16.4193

Canadian Dollar

Pound to Canadian Dollar Latest

1.7206▼

-1.38%

Previous Close:

1.7447

Today's High:

1.7464

Today's Low:

1.7193

Latest British Pound News

GBP LIVE TODAY

British Pound: Potential Election Outcomes and their Impacts on the Exchange Rate

26 May, 2017 |

With news that the Conservative party have had their lead slashed to 5% in the latest YouGov poll markets are quickly considering a future of coalition government, or indeed, Labour rule. What does this mean for the Pound?

GBP LIVE TODAY

British Pound to Remain Vulnerable to Further Losses v Euro: Exchange Rate Analysts

25 May, 2017 |

“EUR/GBP correction went a bit further, but new buying interest already kicked in just north of the 0.86 big figure”

GBP LIVE TODAY

Pound Sterling Rises Despite Manchester Attacks - Here is Why

23 May, 2017 |

Manchester bomb attack been shown to have limited impact on global financial markets with the British Pound maintaining levels and trends that are in keeping with recent days.

GBP LIVE TODAY

Pound Sterling: "Limited Upside Ahead" as Odds on Corbyn Win Slashed

21 May, 2017 |

The new week of foreign exchange trade gets off to a poor start for the UK currency with markets weighing up weekend news that Theresa May’s Conservative party has seen its commanding lead in the opinion polls whittled away.

GBP/EUR: News and Forecasts

EUR

British Pound to Euro Exchange Rate: Watch for a Bounce-Back

27 May, 2017 |

So where next for Sterling? Firstly, the GBP/EUR exchange rate is looking oversold on the near-term charts.

EUR

ING: Pound to Euro Exchange Rate Forecast on Potential Corbyn Win

26 May, 2017 |

A Labour government is now something financial markets are considering for the first time in years.

EUR

British Pound Melts as Labour Now Eyes Victory

26 May, 2017 |

The British Pound fell across the board ahead of the weekend on news that the UK Conservative party are on track to lose the upcoming election.

EUR

Euro’s Strength vs Pound Sterling Forecast to Stall

25 May, 2017 |

Analyst Karen Jones at Commerzbank sees trouble for the Euro ahead.

GBP/USD: News and Forecasts

USD

Pound to Dollar Rate: Potential Next Targets

26 May, 2017 |

The outlook for the GBP/USD exchange rate has taken a turn for the worse ahead of the long-weekend in the UK.

USD

Pound Sterling can Recover Against the Dollar, Euro say Capital Economics

26 May, 2017 |

Good news for those readers yearning for a stronger British Pound.

USD

Pound / Dollar Outlook: Uptrend Intact Following Fed Minutes

24 May, 2017 |

We have to assume a push higher is still possible despite the emergence of potential topping patterns, however, we would ideally seek a break above the 1.3050 highs for confirmation first.

USD

GBP/USD: "Stability Masks Weak Fundamentals" say ING

23 May, 2017 |

"There is still scope for further upside in the near term. The long-term downtrend currently stands at approximately 1.35" - Bill McNamara at Charles Stanley.

EUR/USD: News and Forecasts

Euro to Dollar

The EUR/USD is Headed Towards Top of 2-Year Range

25 May, 2017 |

A new trade is on the cards with the strategy team at Societe Generale.

Euro to Dollar

Euro / Dollar Forecasts at Credit Suisse Raised

25 May, 2017 |

Analysts at Credit Suisse have bumped up their forecasts for the Euro against the US Dollar.

Euro to Dollar

EUR/USD Rally: Traders Getting Ahead of Themselves

24 May, 2017 |

"We advise caution on the near-term outlook for EUR/USD." - Valentin Marinov at Crédit Agricole Securities.

Euro to Dollar

Tactical Play: Fade EUR/USD Exchange Rate Strength

23 May, 2017 |

The Euro has pushed fresh multi-month highs on global foreign exchange markets as markets continue to anticipate pro-Euro policies will be introduced at the European Central Bank in coming months.

GBP/AUD: News and Forecasts

AUD

Australian Dollar Forecast to Strengthen Against the Pound by Westpac

22 May, 2017 |

Analysts at Westpac Bank in Sydney are calling time on Pound Sterling’s recent strong run against the Australian Dollar.

AUD

Australian Dollar Could Be About to Find Its Feet say SocGen

19 May, 2017 |

The Australian Dollar rose temporarily after strong employment data boosted the outlook for the economy on Thursday but those gains proved ephemeral after it became clear most of the job gains had been part-time.

AUD

Australian Dollar a Hedge Against Trump Risks

18 May, 2017 |

The Australian Dollar received a boost from the April jobs report overnight which showed a +37.4k increase in employment but the big picture for the currency remains resolutely global in nature.

AUD

Australian Dollar Forecast to Give Ground to Pound Confirm Techs, Aussie Wage Growth Seen …

17 May, 2017 |

After a shaky start, the pound has recovered versus the Australian Dollar this week.

GBP/NZD: News and Forecasts

NZD

GBP/NZD Downmove Stalls After China Downgrade

24 May, 2017 |

The Pound to New Zealand Dollar (Kiwi) stalled in its new downtrend midweek after Moody’s downgrade of China dimmed the outlook for New Zealand’s largest export destination.

NZD

New Zealand Dollar Tailwinds on Milk Price Forecast and Improved Trade Position

24 May, 2017 |

The New Zealand Dollar continues to outperform its rivals with the recent recovery rally getting fresh impetus from impressive economic developments in New Zealand over the duration of the mid-week session.

NZD

The New Zealand Dollar: From Zero to Hero

23 May, 2017 |

The backdrop of a softer USD and firmer commodities prices has supported commodity-linked currencies.

NZD

New Zealand Dollar Forecast: Recovery "Further Out"

19 May, 2017 |

The New Zealand Dollar or Kiwi as it is known is likely to be the passive partner in currency pairs for the foreseeable future, says analyst Honglin Jiang of investment bank Credit Suisse.

GBP/CAD: News and Forecasts

CAD

OPEC Sends Oil and Canadian Dollar Lower

25 May, 2017 |

The Canadian Dollar was an under-performer on Thursday, May 25 as oil prices slid after oil-producing cartel OPEC failed to take the concrete measures required to keep prices elevated.

CAD

Canadian Dollar Outperforms after Optimistic Central Bank Statement

24 May, 2017 |

The Canadian Dollar has strengthened following the release of an optimistic Bank of Canada (BOC) rate meeting statement.

CAD

Pound to Canadian Dollar X-Rate Seen Peaking

17 May, 2017 |

There is a growing consensus amongst analysts, as we reach the middle of the week that the Pound to Canadian Dollar has peaked and is likely to continue selling off.

CAD

CAD Passes Peak-Pessimism

15 May, 2017 |

Until the end of last week, the Canadian dollar was the worst performing major currency of 2017.

GBP/ZAR: News and Forecasts

ZAR

The South African Rand Rallies on NEC Meeting Hopes, but Don’t Get Carried Away Warn Analy…

25 May, 2017 |

The Rand is one of the best-performers amongst the world’s top 20 currencies amidst these political developments and a broader global backdrop that has benefited this and other commodity-linked currencies. But can the positivity last?

ZAR

South African Rand: Strength in June

22 May, 2017 |

The Rand retains a choppy tone on global foreign exchange markets as it continues to take direction from external drivers.

ZAR

Quant Strategy Indicates Further Downside on Oil Currencies MXN and RUB

19 May, 2017 |

 A chart-based quantitative strategy which uses moving averages is signalling more downside for some of the major oil currencies, say Citibank in a note to clients.

ZAR

South African Rand Caught in Brazilian Crossfire

19 May, 2017 |

Headlines out of Brazil over the past 24 hours have sent emerging markets - including the South African Rand - into turmoil.