Pound to Dollar Forecast: 1.3344 in Three Months

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.

Pound Sterling could fall back against the Dollar in the coming days.

HSBC has adjusted its Sterling forecasts higher against the U.S. Dollar but lowered them against the Euro in response to recent "seismic shifts".

Pound Sterling's rapid ascent against the Dollar is due a pause.

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

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

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