Pound to Dollar Forecast

Pound Sterling maintains an upward bias against the Dollar.

The Pound could fall back against the Dollar from here.

Pound to Dollar exchange rate to trend higher, U.S. job data and tariff news in focus.

The British Pound will continue to consolidate ahead of a fresh breakout in the coming days.

However, Pound forecast to lose ground to Euro.

The British Pound is in an uptrend against the Dollar and most signs point to continuation.

Pound Sterling may be set to play ‘Thomas and Firends’, as the ‘Spaceman’ Sends, for Graceful and New to send or bend a Fountain of Love from above, for many and just a handful or few; which might see GBP/USD rising from 1.33, to 1.44, next door as the author itself, and an Elf, step onto a sort of illuminated dance floor.

The People's Bank of China signalled a strong preference on Tuesday for stabilizing, or potentially strengthening, the trade-weighted renminbi, a move that could impact the US dollar and other currencies.

The Pound to Dollar exchange rate receded from near six-month highs of late and could be set for a further minor fall over the coming days, ahead of a major lift, as graceful and new takes to the great "Caribbean Blue," bearing gifts for more than a few.

The British Pound slipped further from recent highs against the US Dollar and continued to be held down by the Chinese Renminbi in Friday trade, as a wise one showed patience, while a Birdy sang “Help the People,” and Dire Straits did a rendition of “Telegraph Road.”

A short-term U.S. Dollar rebound could be in the offing, says ABN AMRO.

"The dollar bear market is finally here" - Deutsche Bank.

Pound Sterling was laid down in green pastures afresh on Thursday but could be set to rally much further against the broadly weaker US Dollar, and perhaps even all other currencies, in the days, weeks and months ahead, as a metaphoric Exodus from American assets continues, and the greenback cracks.

Our contributor James Skinner ponders the future of the Pound.

There is now a significant technical resistance level looming almost immediately overhead GBP/USD.

Scope for further upside.

A recovery to 1.2947 and above is possible if pessimism about the US economy and a deterioration of other important fundamentals weigh on the greenback afresh.

Seasonal trends favour a stronger Pound against the Dollar.

It will all depend on whether or not the Dollar rekindles its love for tariffs.

Pound Sterling's uptrend against the Dollar has paused.