Pound Forecast

The Dollar is expected to maintain pressure on the Pound and Euro for the first half of 2023.

Foreign exchange strategists retain a cautious stance on Pound Sterling and see the potential for further weakness against the Euro over the short- to medium-term.

2023 will be tough for GBP says Bank of America, but 2024 has silver linings.

The British Pound could be in for a prolonged decline against the Euro say foreign exchange specialists at one of the world's largest foreign exchange prime dealers.

GBP/USD is underpinned by multiple layers of support, fibonacci levels & key average underpin near 1.1950.

GBP/EUR in longest stretch of gains since September, but faces multiple technical resistances once past 1.13.

Strategists at JP Morgan look to maintain a 'short' position on the British Pound against the Australian Dollar.

The British Pound was the biggest loser on a day of intense central bank action and some analysts say the UK currency's direction of travel is unlikely to flip in the near term.

Break of 1.6660 opens door to higher levels in GBP/CAD.

A Japanese lending giant says the Yen is set to appreciate against the Pound and Dollar over the coming months as low and stable interest rates in Japan finally prove supportive.

The Pound to Dollar exchange rate has laid siege to six-month highs in recent trading but uncertainty about this week's interest rate decisions and U.S. economic data could prevent a further recovery over the coming days.

GBP/EUR, GBP/USD forecast update from Credit Suisse.

GBP/AUD is poised for downside according to new analysis from JP Morgan, the global investment bank.

GBP/USD has seen a setback over recent hours but technical analysts say it is too early to capitulate and call an end to the multi-week uptrend.

Buy the Pound against the Euro ahead of the February 02 Bank of England meeting says Barclays.

The Pound to Dollar exchange rate has rallied close to six-month highs and could rise further in the days ahead with a break above technical resistance at 1.2504 and an approach of 1.26 possible if UK and U.S. economic data remains conducive to a continued rebound for riskier currencies. 

Deutsche Bank has dropped a long-standing negative stance towards the British Pound as it observes a number of fundamental improvements that should shore up the currency going forward.

UK current account back to equilibrium levels, leaving GBP fairly priced vs. EUR.

Morgan Stanley says it has "doubled down" on its bearishness towards the U.S. Dollar in 2023, prompting it to lift its Pound to Dollar exchange rate forecast.

The Pound to New Zealand Dollar exchange rate has held within a narrow range thus far in the New Year and could be likely to test the boundaries on either side of this corridor over the coming days as Sterling and the Kiwi navigate a series domestic and international event risks.