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:
The Pound to Euro rebound risks being undermined by new Covid restrictions, the weight of which could potentially act to pull Sterling back near to 1.1550 this week or thereafter.
The Pound to Euro exchange rate is expected to appreciate in coming months according to foreign exchange analysts at Commerzbank, the Frankfurt based lender and global financial services provider.
The Pound to Dollar exchange rate is on course for sub-1.30 readings according to new analysis, although another analyst at a major investment bank says any such move would prove fleeting.
The Pound to Euro exchange rate has unwound much of its Q4 rally and risks slipping back toward early November’s lows in the 1.1630 area if the market continues to eschew risk currencies in favour of safe-havens over coming days.
"We are not expecting the pound to strengthen against either the dollar or the euro. In fact, the risk is that it weakens against both" - Capital Economics.
GBP is predicted to come under pressure against the Euro and Dollar ahead over coming weeks and months, with a more sustained recovery only likely in the second half of 2022.
The Pound to Dollar rate has attempted to stabilise above November’s new 2021 low and could be likely to correct higher over the coming days if uncertainty about a White House decision on the leadership of the Federal Reserve prompts a momentary retrenchment of the greenback.
