Pound Forecast

GBP/USD vulnerable with Fed, BoE decisions ahead, hangs by thread amid bearish breakdown on charts.

GBP/EUR vulnerable to more resilient Euro, BoE decision also a possible downside risk.

GBP/USD vulnerable to further losses ahead, risk of EUR/USD pulling GBP/USD to 1.3122.

GBP/USD supported by 100-wk average at 1.3370, but risks sliding back to major support near 1.3172.

GBP/EUR looks to hold 1.19, with upside limited after G7 fires monster sanctions salvo at Russia.

The Pound to Dollar exchange rate furthered its recovery from late January’s lows last week but a thicket of overhead resistances near the 1.37 handle could limit the upside for Sterling.

GBP/EUR set to remain buoyant above 1.19, rough 1.1940-to-1.2041 range likely ahead.

GBP/AUD recovery places 22-month highs in sight, supported at 1.8805, could retest 1.92 short-term.

GBP/USD looking to cement recovery of 1.35, eyeing retest of 1.36 but may struggle above.

GBP/EUR supported at 1.1870, could retest 1.20 as Sterling looks for footing near 1.1890, CPI data looms.

A recent shift in policy at the European Central Bank will save the Euro from a deep decline against the British Pound, says a leading foreign exchange analyst.

The ECB's recent policy swivel might just have put paid to any prospect that Pound Sterling will deliver new highs against the Euro this year shows new research.

ound Sterling will renew its strength over coming months and advance against the Euro, although the end of 2022 and the duration of 2023 will see Europe's single-currency claw back value.

Barclays says GBP to be supported, but warn the best part of the rally is done.

GBP/USD looking for foothold near 1.35 after BoE, U.S. job data prompt setback.

GBP/EUR looking for support above 1.18, after BoE & ECB updates prompt sell-off.

The U.S. Dollar could be set for a softer February according to analysts, a view that could afford a move back to 2022 highs for the Pound to Dollar exchange rate.

Crédit Agricole cautious on GBP, says BoE caution could weigh, but 2nd half of year will be better.

GBP/USD looking to stabilise near 1.3550, well supported between 1.3526 - 1.3538.

GBP/EUR in big breakout aided by BoE policy outlook, as inverted head & shoulders places 1.22 in pipeline.