Pound Sterling to US Dollar Exchange Rate Outlook: How Will GBPUSD Levels Fare in April?

USD to GBP Exchange Rate: Pound Slips on Brexit Refocus, as Dollar Highlights Improved...

Monday’s trading session can only be described as volatile for the USD/GBP exchange rate pairing, but heading into the second trading day of the week the pound saw a slip against the US dollar This morning, which pared the gains witnessed on Monday. The GBP/USD exchange rate ended Monday trading flat at $1.3104 following a rally which took the pairing to $1.32 earlier in the session. Earlier this morning the GBP/USD rate was trading 0.6% lower at $1.3050, which ruined a five-day streak as...
Pound to Euro Exchange Rate: EUR Slumps as Number of COVID-19 Cases in Europe Rises

Pound to Euro Rate: Central Banks Respond to Global Coronavirus Spread

The coronavirus is a global threat which has dominated headlines for months. The outbreak started at the end of 2019 and filtered into the new year with devastating effect. China was the originating source of the outbreak, the Wuhan province to be precise. Since the outbreak began in China the numbers of infected people rose day-by-day, ultimately leading to the spread outside of the country, spreading across to Iran, South Korea and even Europe. As it stands, the virus has spread to 84 different...
GBP/EUR Exchange Rate Forecast: How Could the Brexit Trade Negotiations Affect the Pound to Euro Rate?

GBP/EUR Exchange Rate Forecast: How Could the Brexit Trade Negotiations Affect the Pound to...

Heading into a new trading week, both the UK and EU are set to meet today to start the Brexit negotiation process. With both parties heading into the negotiations with strong expectations, demands and threats, the road ahead for GBP will be far from simple. GBP lost strength last week with an early dip against the euro and heightened no-deal fears. GBP investors will be keen to observe the developments from the opening week to get an idea of the tone that is likely...
GBP/EUR Exchange Rate: ‘No Deal’ Brexit Threat Set to Tumble Pound Sterling

GBP/EUR Exchange Rate Outlook: ‘No Deal’ Brexit Threat Set to Tumble Pound Sterling

As the trading week came to a close on Friday, GBP investors were not filled with confidence heading into the opening week of Brexit negotiations next week. The euro has fared better than most expected this week especially considering the recent coronavirus outbreaks in Italy and other parts of Europe. The UK government announced a threat that it would consider leaving the EU without a deal if the two cannot come to terms on a trade deal by June 2020. The EU and UK have...
Pound to Euro Rate: GBPEUR Rises to Three-Week Interbank Highs

Pound to Euro Exchange Rate Outlook: What Could Move GBPEUR Rates This Week?

The pound to euro exchange rate finished last week in a strong position, finishing the week above 1.19 on the interbank rate of exchange. The pound benefitted from the lack of any interest rate cuts by the Bank of England at their latest interest rate decision meeting. Sterling also appeared to find some favour as the UK left the EU Friday night, as it underscored that yes, Brexit is happening and removed some of the uncertainty. The euro also lost some ground on Friday as...
Pound to Dollar Week Review: Gbp to USD Rate Recovers From 35-Year Low

Brexit Withdrawal Bill Signed: What Now for the UK-US Trade Relationship and GBP/USD Rates?

This week marked the signing of the Brexit withdrawal bill in the House of Lords, which was then further signed by the Queen, making Brexit UK law. The bill confirmed that the UK will leave the EU on January 31st with no exceptions. Many are now questioning what Brexit will mean for the UK going forward and how its relations will be with allies like the United States, particularly from a trade standpoint. What Has Already Happened Concerning Brexit, the UK and the US? The day...
Brexit GBP to EUR Update: Withdrawal Bill Approved and the UK Will Leave the EU at the End of the Month

Brexit GBP to EUR Update: Withdrawal Bill Approved and the UK Will Leave the...

This week saw the UK’s Brexit Withdrawal Bill signed and approved by the Queen, making the bill UK law and has ensured that the UK will leave the EU on January 31st. With the original bill being passed by the House of Commons back on January 9th, the bill landed in the House of Lords earlier this week. With the UK confirmed to leave the EU at the end of the month, an EU chief thanked the UK MEP’s in their final meeting on...
Pound to Euro Exchange Rate GBPEUR Rate Remains in 1.10’s, 6-Month Lows, as Stock Market Sell-Off Continues

Sterling Euro Forecast: Brexit Talks and Upcoming GBP Economic Data to Influence GBP/EUR Exchange...

In this piece we look we look at what has happened in the mega-saga of the Brexit deal this week, and what to look out for in the coming week. The UK met with the President of the EU Commission earlier in the week to set their Brexit talks underway. Both parties appeared positive about the talks and looked keen to get to work and resolve a trade deal. Both currencies did little to shift despite the positive beginning to the talks and encouragement...
GBP to EUR Rate: Pound Sterling in Meltdown, Losses Sustained Against EUR

GBP to EUR: Sterling off to a Good Start for 2020

The pound has had a good start to 2020 as it seems poised for further gains, particularly against the euro. This is despite a drop over the Christmas period, and at the time of writing, it is at 1.1794. It did reach 1.20 ahead of Boris Johnson’s large majority in the December election, and grew a whopping 5% in 2019. Over the next month, we could see the pound react more to the publication of economic data, as well as reactions to Brexit developments. Sterling...
GBP to USD Rate Breaks Through 1.35 Barrier

GBP to USD Rate Breaks Through 1.35 Barrier

The results are in and the Conservative party has achieved what it set out to do six weeks ago, by winning a huge majority that gives Boris Johnson the platform he needs to “get Brexit done”. Our faith in opinion polls has taken a battering in recent years, following a series of wayward predictions. This time around, however, the political surveys were consistently accurate, giving the pound v dollar rate some much-needed support during the campaign period. The pair subsequently hit seven-month highs (around...