Pound to Dollar Forecast

Crédit Agricole retain a "relatively constructive" view on the British Pound for the rest of 2022, expecting UK consumers to dip into their large stockpile of savings to weather the negative impact of the country's surging inflation levels.

GBP/USD upside limited, risks deeper losses ahead as Fed gears up to pull ahead & BoE turns cautious.

GBP/USD vulnerable with Fed, BoE decisions ahead, hangs by thread amid bearish breakdown on charts.

GBP/USD vulnerable to further losses ahead, risk of EUR/USD pulling GBP/USD to 1.3122.

GBP/USD supported by 100-wk average at 1.3370, but risks sliding back to major support near 1.3172.

UK economic rebound underpins GBP, as does Russia-Ukraine uncertainty. Outlook brightens as Johnson announces all remaining Covid laws to be scrapped.

The Pound to Dollar exchange rate furthered its recovery from late January’s lows last week but a thicket of overhead resistances near the 1.37 handle could limit the upside for Sterling.

GBP/USD looking to cement recovery of 1.35, eyeing retest of 1.36 but may struggle above.

The ECB's recent policy swivel might just have put paid to any prospect that Pound Sterling will deliver new highs against the Euro this year shows new research.

U.S. Dollar tailwinds are expected "to strengthen once again" by a leading U.S.-based investment bank, a view which if correct poses headwinds to the Euro and Pound.

Barclays says GBP to be supported, but warn the best part of the rally is done.

GBP/USD looking for foothold near 1.35 after BoE, U.S. job data prompt setback.

The U.S. Dollar could be set for a softer February according to analysts, a view that could afford a move back to 2022 highs for the Pound to Dollar exchange rate.

GBP/USD looking to stabilise near 1.3550, well supported between 1.3526 - 1.3538.

"GBP is in the process of yet another post-war reset in the aftermath of the Brexit Referendum" - Kamal Sharma, Bank of America.

GBP/USD consolidates rally above 1.3612 and is further supported near 1.3612, 1.3589 & 1.3550.

Researchers at Barclays describe the British Pound's recent performance as "resilient" as they anticipate the currency to continue outperforming key peers over coming weeks and months.

U.S. Dollar depreciation is expected through 2022 by analysts at Barclays, if correct this would offer a crucial source of upside to the Pound to Dollar exchange rate over coming months.

GBP/USD looks for recovery above 1.36, supported near 1.3554, 1.3496, 1.3432.

GBP/USD's holiday rally puts 1.36 in crosshairs with support at 1.3450, 1.3402, 1.3357 & 1.3311.