Pound Forecast

Pound Sterling is tipped to fall against the Euro over the coming days by strategists at RBC Capital Markets in their latest "Trade of the Week" recommendation.

Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.

The cost of living crisis meets a cost of borrowing crisis, leaving the British Pound exposed to deeper losses against the Euro and Dollar say economists.

Where is the key resistance for this market and how far does it have to climb before it can reverse the damage wrought by Truss and her team?

Dip below 1.10 likely again says BMO, Kwarteng's tenure as Chancellor will be a short one.

UK financial markets have been in turmoil since the UK Prime Minister Liz Truss’ mini-Budget.

The British Pound is undergoing a major adjustment lower that will only end once it has fallen below parity, says a leading economist.

The Pound to Dollar exchange rate is set to fall below 1.0 before the end of the year, according to new research.

Investment bank Goldman Sachs has slashed its forecasts for the British Pound, showing further losses against the Euro are likely and a retest of the recent lows against the Dollar are likely.

Matt Weller, Global Head of Research of City Index, details what to watch on the path to pound parity.

"Looked at through the most meaningful measures, it is clear that the current level of GBP is not an impediment to further significant falls" - RBC Capital.

The headwinds facing the British Pound are "very strong" according to new analysis from Rabobank, which forecasts the printing of fresh 2022 lows against the U.S. Dollar within weeks.

Pound Sterling is set to complete a third successive weekly decline against the Euro.

The Pound to Dollar exchange rate hit new multi-decade lows last week before rebounding ahead of the weekend but whether it can extend this move likely depends on the market response to U.S. inflation data that could be instrumental in shaping the policy stance of the Federal Reserve next week. 

GBP selloff by no means over according to a major investment bank, despite hopes that the new government of Prime Minister Liz Truss can alter the outlook for the UK economy for the better.

Foreign exchange analysts at a major European investment bank have lowered their forecasts for GBP/USD.

The UK economy is hard-wired to weaken its currency over the long-term, according to new analysis conducted by HSBC.

Capital Economics release dire predictions: this will be GBP's biggest crisis to date.

As the energy crisis and the lack of government continue to take bites out of the British Pound, we are taking a look at the charts to see if they will give an idea of how far the Pound will fall.

"The long term GBPUSD chart now truly looks awful" - Citi.