Pound Forecast

The British Pound has more fuel in its tank to drive outperformance against the Euro and Dollar over the medium term.

After a poor August, the Dollar has roared back into life and is pushing the Pound lower again. One currency payment specialist thinks GBP/USD could go below 1.30.

The Pound is undergoing a pullback against the Canadian Dollar, which we think can extend in the coming days.

Thursday's speech by Reserve Bank of Australia Governor Bullock is the main event out of Australia this week. However, it will be a U.S. jobs report that will determine where Friday's close is recorded.

Pound Sterling's uptrend against the Dollar could experience a deeper setback this week if U.S. labour market data beat expectations.

Pound Sterling has risen for six months in succession against the Euro, but a recent recovery stalled at 1.19 and we could see a pullback evolve in the coming days.

The Dollar looks set to bounce back following a period of sustained losses, say strategists at HSBC, who think the Pound is particularly vulnerable.

The Pound to New Zealand Dollar exchange rate is battling to maintain a constructive feel, thanks to an improved global investor sentiment.

The Pound and Australia are two of the FX market's outperformers, which has left the GBP/AUD exchange rate tracking a sideways trend.

Pound Sterling powered to fresh two-year highs at the end of last week, buoyed by the Federal Reserve's commitment to a September rate cut. But, the rally is looking stretched.

The Pound to Euro exchange rate (GBP/EUR) is technically and fundamentally poised for further gains in the near term, and a move to 1.1850 is on the cards for this week.

The Pound's recovery against the Swiss Franc can extend, according to a new strategy update from Danske Bank.

Will the Pound continue to rise against the euro and where will it end the year? According to a new analysis, Pound Sterling will continue to rise against the Euro "for the time being".

According to the consensus of investment bank analysts, Pound Sterling is left slightly undervalued following a recent slide.

The Pound rose against all major currencies this week as it drew a line under prior losses but BofA Global Research says it can still rise further against the Dollar, Euro, Japanese Yen and Swiss Franc up ahead.

Pound Sterling has declined for three weeks in succession but ultimately clings onto a broadly constructive setup.

Pound Sterling has erased its July gains against a resurgent Euro, and there is only one question to be asked in the coming week: where will the selling end?

The fiscal straight-jacket of the UK's fiscal rules means the feel-good factor for the Pound can soon end.

In our previous edition of the Week Ahead Forecast, we opined that the Pound to the New Zealand Dollar was due to a pullback from notably overbought conditions.

The Pound to Dollar exchange rate can remain under pressure into a potential interest rate cut and Friday's U.S. jobs report.