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British Pound to Dollar X-Rate: Forecast for Coming Week, Uptrend Intact

British Pound to Dollar X-Rate: Forecast for Coming Week, Uptrend Intact


We would wish to see confirmation from a move above Thursday’s highs at 1.2532 before forecasting more upside in GBP/USD.


Data:

Live British Pound to Dollar Exchange Rate(GBP/USD) Interbank Conversion:

What is the British Pound to Dollar Rate Today?

The live GBP/USD exchange rate is 1.2488
Change on Previous Day's Close +0.13%

How does Today’s Dollar Rate Compare with Previous Rates?

Today’s opening exchange rate is 1.2481
Today’s lowest exchange rate is 1.2479
Today’s best exchange rate is 1.2488
Best exchange rate of the year-to-date is 1.5016 (2016-06-24)
The lowest exchange rate of the year-to-date is 1.1711 (2016-10-07)

News and Forecasts:

GBP/USD Could go to 1.25 Near-Term

  • Written by Gary Howes

Exchange rate analysis

The best-performing currency on Thursday, March 16 was Sterling, which shot higher against the Dollar on the back of the Bank of England's monetary policy announcement.

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Why the US Dollar Fell

  • Written by Rob Samson

Janet Yellen and exchange rates

The US Dollar exchange rate complex came under pressure following the US Federal Reserve’s decision to raise interest rates 0.25% ensuring their upper band on interest rates sits at 1.0%.

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Free exchange rate forecasts

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