Pound Forecasts

One of Germany's largest banks thinks the British Pound is set for another strong year against the Euro. However, a key risk is an economic slowdown following Rachel Reeves' budget.

City Index analyst Fawad Razaqzada says a drop to $1.25 looks increasingly likely for the Pound to Dollar exchange rate (GBP/USD).

The British Pound is described as "a diamond in the rough," by Goldman Sachs in their new year-ahead forecast publication, in which a new set of post-election forecast targets suggest solid gains in the coming months.

The Canadian Dollar can give back some recently lost ground to the Pound in the coming days.

The Pound remains a 'buy on dips' against the New Zealand Dollar.

The Pound and Australian Dollar are evenly matched, but we could see the Aussie eke out some gains this week.

Pound Sterling has come under notable pressure against the Dollar as markets prepare for the second Trump administration, but we think relief is in store this week.

Pound Sterling could lose further value against the Euro in the coming week if UK inflation and PMI data undershoot expectations.

"A bit more juice in sterling," says Kit Juckes, head of FX research at Société Générale.

GBP/CAD faces a significant test this week as a key technical indicator will be tested. Failure will open the door to a more pronounced pullback.

GBP/AUD is forecast to maintain an upward bias in the coming five days. Risks include UK and Aussie labour market data releases and U.S. inflation midweek.

GBP/USD is under pressure at the start of the new week, and we will watch for key support levels to be tested in the coming days.

Pound Sterling rose to its highest level against the Euro in two years following Donald Trump's win. Further gains are possible near-term.

Pound Sterling could be set for a run higher against the Euro into year-end thanks to the Bank of England's November guidance.

JP Morgan's FX trading desk sets out potential levels for GBP/USD on the three potential outcomes to today's U.S. election outcome.

According to new research, the Pound Sterling can rise further against the Canadian Dollar in the coming days and weeks.

The New Zealand Dollar will stage a decent recovery this week if Kamala Harris wins the U.S. presidential vote.

We would expect a big decline in the Pound to Australian Dollar exchange rate (GBP/AUD) if Kamala Harris wins the U.S. Presidential election.

The Pound to Dollar exchange rate has risen on Monday as Donald Trump's odds of winning Tuesday's presidential election have fallen.

Pound Sterling is under near-term pressure against the Euro as it enters a week that will be dominated by a Bank of England interest rate decision.