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Fresh Uncertainty = Pound to Dollar Rate Heading Back Down say ING

Fresh Uncertainty = Pound to Dollar Rate Heading Back Down say ING


The GBP/USD exchange rate has only one place to go now that the Supreme Court has ruled Parliament is the only body that is able to trigger the UK’s exit from the European Union - down.


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 1.253
Change on Previous Day's Close -0.04%

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

Today’s opening exchange rate is 1.2534
Today’s lowest exchange rate is 1.2419
Today’s best exchange rate is 1.2544
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:

USD

Fresh Uncertainty = Pound to Dollar Rate Heading Back Down say ING

24 January, 2017 |

The GBP/USD exchange rate has only one place to go now that the Supreme Court has ruled Parliament is the only body that is able to trigger the UK’s exit from the European Union - down.

USD

GBP/USD Outlook: UBS, Credit Suisse, Lloyds Bank Short-Term Views

23 January, 2017 |

Credit Suisse, UBS, and Lloyds provide us with three different yet similar analysis views of where the GBP/USD exchange rate is likely to trade.

USD

The US Dollar is Still Going Higher, EUR/USD to Fall towards 0.95 say ABN Amro

23 January, 2017 |

This is not the end of the road for the Dollar, according to ABN Amro’s Roy Teo and Georgette Boele who have told clients the cyclical Dollar uptrend is not yet done.

USD

British Pound to Dollar Forecast: Gains to Extend say Analysts, Eyes on Article 50 Ruling

22 January, 2017 |

The GBP/USD pair is expected to continue its recovery higher following Donald Trump’s inauguration speech which was heavy on protectionism and light on infrastructure.  

USD

UK Economy Now Running at Full Employment

18 January, 2017 |

Pound Sterling will be hoping for calmer waters in mid-week trade following the wild ride experienced so far this week.

USD

Pound to Dollar Rate Forecast to Gain From Here

17 January, 2017 |

The GBP to USD conversion could today put in the best daily performance seen in 25 years.

USD

The Pound to Dollar Exchange Rate is Still a Sell as Brexit Isn’t Going Away

16 January, 2017 |

Strategists at TD Securities have told clients that GBP/USD’s period of consolidation is coming to an end, and the only way to go is down.

USD

Next Targets for GBP/USD

16 January, 2017 |

GBP/USD gapped lower at the start of the new week and briefly fell below the 1.20 handle on reports over the weekend that PM May is expected to announce an end to Britain’s participation in the single market.

USD

Recovery Back Above 1.20 for GBP/USD, More Weakness Likely

15 January, 2017 |

The FX market has spoken, and, as of Sunday night, it is not confident that Theresa May can deliver the necessary clarity and confidence when she lays out her Brexit plans in a speech on Tuesday.

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