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For a complete table of GBP/USD forecasts from 45 investment banks and brokers download here
"Brexit negotiations are making slow progress, but we think the markets’ fears of a Hard Brexit are overblown." - Swissquote Research.
What is the British Pound to Dollar Rate Today? |
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| The live GBP/USD exchange rate is | 1.2798 |
| Change on Previous Day's Close | -0.19% |
How does Today's Dollar Rate Compare with Previous Rates? |
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| Today's opening exchange rate is | 1.2822 |
| Today's lowest exchange rate is | 1.278 |
| Today's best exchange rate is | 1.2833 |
| Best exchange rate of the year-to-date is | 1.3445 (2016-09-06) |
| The lowest exchange rate of the year-to-date is | 1.1711 (2016-10-07) |
"Brexit negotiations are making slow progress, but we think the markets’ fears of a Hard Brexit are overblown." - Swissquote Research.
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A resumption of last week’s stronger Dollar trend seen the most likely outcome from this Jackson Hole conference.
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The Pound to Dollar pair has fallen due to uncertainty linked to Brexit and is trading in the 1.28s as the new trading week begins.
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Pound Sterling has broken decisively below 1.30 against the US Dollar and is looking vulnerable to further losses following the latest release of UK inflation data.
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Today belongs to the US Dollar as stars align to finally allow for a meaningful recovery.
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GBP/USD has pulled back over recent weeks after peaking at 1.3260 at the beginning of August.
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US Inflation slowed in July according to data released by the US commerce department on Friday.
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Pound Sterling could be a buy on an dips according to analysis from a leading Swiss-based financial services provider in what amounts to a contrarian view on the under-pressure currency.
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