Pound Forecast

GBP/AUD recovery is building momentum, and further advances are possible this week.

The Pound to Canadian Dollar exchange rate (GBP/CAD) is recovering and will be looking to retake some key technical levels in the coming days.

GBP/USD could come under renewed pressure as a recent relief-style rally fades on fresh Trump talk and U.S. data is set to come back into focus.

The Pound to Euro exchange rate (GBP/EUR) is trending higher at the start of the new week and could be on course to retest the 2024 highs in the coming days.

Goldman Sachs says we "are still Living in a Dollar World" and 2025 will be about ongoing Greenback strength.

According to one of the UK's biggest banks, the British Pound will continue to benefit from superior interest rates in the coming months.

GBP/CAD has come under significant selling pressure over the course of November but could see some near-term relief.

The Pound to New Zealand Dollar exchange rate could rally if the Reserve Bank of New Zealand (RBNZ) cuts interest rates by 75 basis points this week.

The Pound to Australian Dollar exchange rate (GBP/AUD) risks breaking into a downtrend.

The Pound has come under relentless pressure against the Dollar, but could be due some relief near-term.

GBP/EUR will respect the September-November range during the course of the next five days, with the 21-day moving average having a gravitational effect.

One of Germany's largest banks thinks the British Pound is set for another strong year against the Euro. However, a key risk is an economic slowdown following Rachel Reeves' budget.

City Index analyst Fawad Razaqzada says a drop to $1.25 looks increasingly likely for the Pound to Dollar exchange rate (GBP/USD).

The British Pound is described as "a diamond in the rough," by Goldman Sachs in their new year-ahead forecast publication, in which a new set of post-election forecast targets suggest solid gains in the coming months.

The Canadian Dollar can give back some recently lost ground to the Pound in the coming days.

The Pound remains a 'buy on dips' against the New Zealand Dollar.

The Pound and Australian Dollar are evenly matched, but we could see the Aussie eke out some gains this week.

Pound Sterling has come under notable pressure against the Dollar as markets prepare for the second Trump administration, but we think relief is in store this week.

Pound Sterling could lose further value against the Euro in the coming week if UK inflation and PMI data undershoot expectations.

"A bit more juice in sterling," says Kit Juckes, head of FX research at Société Générale.