Pound forecasts against
Euro, Dollar, Australian Dollar, New Zealand Dollar and other G10 majors. Predictions come from market pricing sources, investment banks and technical analysts.
Corpay maintains a PDF forecast report showing major investment bank forecasts. The report includes the average forecast of all banks surveyed by Bloomberg as well as the highest and lowest forecast points over numerous timelines. Request your report: GBP/EUR, GBP/USD, EUR/USD, GBP/AUD, GBP/NZD, GBP/CAD.
Latest Pound Forecast News on Pound Sterling Live:
Foreign exchange strategists at RBC Capital say the Euro is to rise against the British Pound in 2023 owing to their pessimistic view on the UK economic outlook.
GBP/AUD sits poised at a key area of resistance that, if broken, could usher in new highs, but failure to breach could ultimately result in a pullback over the course of the coming week.
The Pound to Dollar exchange rate reached multi-month highs last week after Federal Reserve (Fed) and Chinese health officials appeared to inspire in investors an almost Pavlovian appetite for chasing risky assets but it remains to be seen if the rally can survive this week's U.S. economic data offering.
The Pound to Euro exchange rate's multi-month recovery was frustrated last week as Sterling became caught in a dense pocket of technical resistance, which could continue to obstruct the path higher in the days ahead and what is set to be a quiet week for UK and European economic calendars.
The British Pound ends November on a solid footing against the Dollar and Euro but there is a distinct uncertainty amongst analysts as to how the coming month of December will play out.
GBP/NZD starts the new week higher amidst a selloff Asian and Australian currencies linked to the weekend developments in China, but the prospect of a material advance in the pair remains limited.
The Pound to Dollar exchange rate has reversed more than one half of this year's decline but will now run the risk of a corrective setback that could pull it toward 1.20 or perhaps even back below there over the coming days.
The Pound to Canadian Dollar exchange rate outlook has improved further in recent trade and Sterling could now have scope to reach some of its strongest levels since the end of the first quarter after establishing a foothold above the 1.57 handle last week, according to technical analysis from Scotiabank.
The Pound has rallied to a new three-month best against the Dollar as the major unwind of the U.S. currency sparked by last week's U.S. inflation data release extends.
Strategists at French bank Crédit Agricole are buying the British Pound against the Euro in the near term, finding the Eurozone's single currency has reached a short-term overvaluation.
