Pound Forecast

The Pound has reached its highest level since December 2015, but now looks prone to a pull back in order to correct from overbought conditions.

The Pound-to-Australian Dollar exchange rate (GBP/AUD) is ready to pull back and unwind from overbought conditions.

Pound Sterling fell against the Dollar last week but could resume higher if the U.S. prints underwhelming data and Trump delays tariffs on Canada and Mexico.

Pound Sterling looks set to extend higher in the short-term, shows a new analysis.

Pound Sterling has now recorded nine consecutive daily advances as it extends the recovery from early February; however, the advance looks set to falter in the coming days.

The British Pound is consolidating against the New Zealand Dollar as markets await fresh data and developments.

The British Pound retains a soft directional bias against the Australian Dollar, with 2025 being characterised by selloffs interspersed with tepid bouts of consolidation.

Pound Sterling's recovery against the Dollar should extend in the coming week.

Pound Sterling retains a bullish tone against the Euro, although the rally risks a setback during the early stages of the week as German election results are digested.

According to an independent research house, the British Pound can extend the rebound currently underway.

GBPNZD is forecast to push higher in a week that will see the Reserve Bank of New Zealand (RBNZ) cut interest rates and the UK deliver inflation data.

GBPAUD could tap 2.0 in the week ahead, but this will require a dovish Reserve Bank of Australia (RBA) decision and some above-consensus UK data.

Pound Sterling's recovery against the Dollar has been boosted of late by hopes of an end to the war in Ukraine, but technicals hint that a temporary setback at the 1.26 resistance level is possible.

 Pound Sterling faces a busy calendar in the coming week that can ignite some welcome volatility against the Euro.

Last week's strength in the Canadian Dollar can be described as a relief rebound, but the move is reaching its limits.

The Australian Dollar could come under pressure against Pound Sterling in the coming week.

The Pound's recent pullback against the New Zealand Dollar is fading and a rebound is possible in the coming five days if a small technical obstacle can be overcome.

Pound Sterling is seeing a softer trend emerge and a retreat to 1.2250 is a possibility for the coming week.

The Pound-to-Euro exchange rate (GBPEUR) can extend its short-term trend higher, but we are entering a key resistance zone here.

Pound Sterling will err to the upside against the Canadian Dollar.