Pound to Dollar Forecast

Goldman Sachs says a recent rebound in GBP is partly a result of the disruptions in UK pension plans which has led to some significant, but temporary, repatriation back to the UK in order to raise capital.

Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.

The Pound to Dollar rate has drawn a line under its late September losses and could now look to cement its grip on the recently recovered 1.10 level this week but will be sensitive along the way to the trajectory of the Renminbi and a series of important economic data releases from the UK and U.S. 

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

Where is the key resistance for this market and how far does it have to climb before it can reverse the damage wrought by Truss and her team?

Dip below 1.10 likely again says BMO, Kwarteng's tenure as Chancellor will be a short one.

The Pound to Dollar exchange rate has been on a rollercoaster ride of late but could find itself better supported if there is a determined attempt by the Peoples' Bank of China (PBoC) to stabilise the Renminbi in the Golden Week holiday and lead up to a key mid-October political event for China.

UK financial markets have been in turmoil since the UK Prime Minister Liz Truss’ mini-Budget.

The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.

The Pound to Dollar exchange rate is set to fall below 1.0 before the end of the year, according to new research.

Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.

The Pound to Dollar exchange rate opened the new week with a dramatic fall to new all-time lows but could be likely to stabilise around, or perhaps even above the 1.05 level in the days ahead if the author reads the current market environment correctly, meaning the bottom may already be in for Sterling.

Matt Weller, Global Head of Research of City Index, details what to watch on the path to pound parity.

The Pound to Dollar exchange rate slipped to new forty year lows at the opening of a holiday-shortened week but could be headed for some exceptional volatility including a possible midweek rally by Sterling as well as potential 'Black Thursday' style slump toward its lows from 1985. 

The headwinds facing the British Pound are "very strong" according to new analysis from Rabobank, which forecasts the printing of fresh 2022 lows against the U.S. Dollar within weeks.

The Pound to Dollar exchange rate hit new multi-decade lows last week before rebounding ahead of the weekend but whether it can extend this move likely depends on the market response to U.S. inflation data that could be instrumental in shaping the policy stance of the Federal Reserve next week. 

GBP selloff by no means over according to a major investment bank, despite hopes that the new government of Prime Minister Liz Truss can alter the outlook for the UK economy for the better.

Foreign exchange analysts at a major European investment bank have lowered their forecasts for GBP/USD.

The Pound to Dollar exchange rate sustained heavy losses last week but now risks falling further after a Russian state energy supplier announced an indefinite suspension of gas deliveries to Germany, which could weigh heavily on the Euro and other European currencies in the days ahead.

Capital Economics release dire predictions: this will be GBP's biggest crisis to date.