Pound Forecast

The British Pound is trending higher against the New Zealand Dollar, bolstered by recent tariff developments.

Neither the UK nor Australia are in Trump's firing line, but the 'tariff trade' augments GBP/AUD upside.

The Canadian Dollar can rally if the U.S. softens its stance on import tariffs later today.

Pound Sterling resumes its selloff against the U.S. Dollar amidst heightened tariff fears.

The British Pound's rise against the Euro could soon stall as markets await the European Central Bank (ECB) decision.

The New Zealand Dollar is under pressure amidst a selloff in U.S. technology stocks, raising the prospect of a strong recovery in GBPNZD in the coming days.

The Pound to Australian Dollar exchange rate (GBPAUD) is recovering after finding support at 1.96, as we predicted.

The British Pound can extend a short-term recovery against the U.S. Dollar amidst growing confidence the worst-case universal tariff scenario is off the table. But the recovery will be tested mid-week by the Federal Reserve interest decision.

Pound Sterling looks set to recover further against the Euro in a week that will be dominated by the European Central Bank (ECB) interest rate decision and German inflation release.

Pound Sterling's relief rally against the Dollar comes amidst signs Donald Trump is taking a measured approach to tariffs. But analysts caution this is a reprieve, not a trend change.

The British Pound may be 2025's worst-performing major currency, but the conditions for recovery are beginning to emerge.

GBPCAD will be tested by technical resistance this week. A break above here can occur if Trump hits Canada with import tariffs.

GBPAUD exchange rate has been under pressure this year, but the selloff is starting to look mature and we think Sterling can be better supported from here.

Pound Sterling is forecast to remain under pressure against the Dollar in a week that sees the new U.S. President take office.

Pound Sterling has entered a technical downtrend against the Euro, with Tuesday's labour market report posing new downside risks.

The Pound to Dollar exchange rate will end the year higher, according to the consensus. However, analysts at HSBC reckon this is way too optimistic.

Pound Sterling has entered a downtrend against the Canadian Dollar, but some dip-buying might occur in the coming days as it unwinds oversold conditions.

The Pound looks set to weaken against the New Zealand Dollar in the coming five days; however, the multi-year uptrend remains intact.

The Pound to Australian Dollar (GBP/AUD) exchange rate looks set to extend its pullback in the coming days.

Pound Sterling selling resumes on Monday amidst a significant shift in confidence towards the UK at the start of 2025.