Pound to US dollar forecast Sterling weakens as Brexit enters crucial week, will GBPUSD exchange rates fall further?

Volatile times ahead on GBP/USD exchange rates, will the US dollar get stronger against...

GBP/USD exchange rate: Close to best rates in 2018 selling US dollars for pounds The GBP/USD exchange rate is currently trading on the interbank rate marginally above the 1.28 level, a not wholly unfamiliar level on the pair for regular monitors of the market in the last few months. 2018 has seen just over 16 cents movement between the high and the low on the pairing with current levels exceptionally close to the 1.2692 bottom seen in August. There are now a series of very important...
Pound to US dollar rate falls to a 5-month low, almost hitting the 1.25s as Brexit woes continue

How will Trade Wars shape GBP/USD exchange rates?

GBP/USD exchange rates have fallen close to the lowest in 2018, hovering around the 1.275 level, very close to the 1.2692 level we hit earlier in the year. The expectation is that GBP/USD exchange rates could have further to fall, in part owing to a belief that the Trade Wars will not harm the US as much as expected. It has always been felt that the US will come out the better of any trade spats with other countries. Whilst it might find some difficulties...
Pound to Dollar Falls Lower as Trade War Tensions Escalate

Pound to Dollar Falls Lower as Trade War Tensions Escalate

The pound to dollar exchange rate is continuing to lose ground with rates for GBP vs USD sitting below 1.2750 as the ongoing Brexit uncertainty drives sterling lower. UK Prime Minster Theresa May is taking her agreed deal with the EU to the country this week to win the general public’s support ahead of a key vote in Parliament expected on the 11th December. The deal on the table has received a hostile reception from a large number of politicians and it seems unlikely...
Pound to US Dollar rate Sterling hits two month high against US dollar, could there be further gains?

GBP to USD rates: Sterling relatively flat despite Brexit breakthrough

The Pound has started the week relatively flat across the board of major currencies this morning, despite some positive news for UK Prime Minister May last night. At the EU Summit which involved all 27 member states it took less than 40 minutes for the EU leaders to accept the Brexit bill that was recently drawn up by UK and EU leaders. The agreements included the political declaration, the Brexit bill and the back-stop agreement which is likely to continue to be an issue...
Pound to US Dollar forecast Sterling continues to slide against the USD will GBP continue to fall?

Pound to Dollar forecast: Spain could veto Brexit Deal

Pound to Dollar forecast: Brexit developments key for GBP/USD rate Sterling gained ground yesterday against the majority of major currencies. Theresa May remains stubborn in her stance and intends to stay in her position as Prime Minister and see through the Brexit process. She is still adamant that a Brexit deal can be agreed. President of the European Council, Donald Tusk has announced that the EU Commission has informed him that a draft deal had been agreed at a negotiator's level and agreed in principle at...
Pound to US Dollar rate drops as cross-party talks fail to reach a Brexit agreement

Pound Dollar Forecast: EU Summit to impact Pound to Dollar Rates

Brexit news causes the Pound to weaken against the US Dollar The US Dollar has once again improved against the Pound dropping almost 3% in a week or the difference of £4,600 on a currency transfer of US$200,000. The latest news on Brexit and the issues surrounding the proposed draft Brexit deal has not gone well for the Pound in relation to a number of different currencies including versus the US Dollar. Prime Minister Theresa May is due in Brussels over the weekend as the UK and...
US Dollar continues to remain strong against the Pound and Euro

Sterling to Dollar exchange rate remains stable so far this week

The Sterling to Dollar exchange rate has remained fairly stable in trading sessions so far this week, with the markets having wobbled slightly this time last week due to Brexit concerns along with uncertainty over the position of UK Prime Minister Theresa May. Sterling to Dollar exchange rate sat around 1.28 levels Having broken back through the 1.30 mark Sterling quickly retracted back against the Dollar and swiftly retraced back down into the 1.26 levels. Since then Sterling has made a slight recovery due to Theresa...
Pound to US Dollar Rate Uncertain as Pressure Builds on Theresa May

Pound to US Dollar Rate Uncertain as Pressure Builds on Theresa May

The pound has marginally recovered this week after what was a sharp fall in the pound to US dollar rate following the Government resignations last week over the handling of Brexit. Rates for GBP to USD face a particularly uncertain few weeks ahead of a meaningful vote in Parliament over the final terms of this Brexit deal, which is expected in the middle of December. With such strong opposition to the deal including the loss of support from the Democratic Unionist Party (DUP) it is...
Pound to US Dollar exchange rate What to expect this month for GBP/USD rates in lead up to Brexit date

Pound to US Dollar rate remains close to annual low as Brexit pressure continues

Cable (the Pound to US Dollar rate) has begun the week trading comfortably in the 1.28's this morning as the Pound has begun the week positively after a steep sell-off last week. Sterling exchange rates are mostly in the green this morning as the fears of further Cabinet resignations have failed to materialise so far, although last week's resignations were the main reasons for the volatile week of trading for the Pound. Will a no-confidence vote hit the Pound to US Dollar rate this week? A...
Pound to US Dollar exchange forecast: Fed hints at Monetary Policy Change

Pound to dollar forecast: Will GBP/USD rate rise or fall on Brexit?

In the latest pound to dollar forecast we look at the current outlook for the GBP/USD rate. The US dollar made further in roads against the pound in a volatile day of trading yesterday with over 1% movement on the pound to dollar rate. Having looked so comfortable above 1.30 and hitting 1.3226 in the last month on Brexit optimism, it was not a major surprise to see Brexit uncertainties weaken the pound. Sterling has lost ground over the fresh likelihood of a no-deal scenario...