Currency Forecasts

Category: Pound


GBP/EUR falls below 1.12, will the pound fall further?

Sterling has fallen to its lowest level against the single currency since September 2017 having fallen to a low of 1.1150/0.8969 and bring the pounds losses to over 2.2% in the last week.

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Stock market correction lends support back to the pound. What could happen to sterling exchange rates?

Following Mondays bleak day for global stocks in which the Dow Jones fell by 4.6%, its largest daily loss since 2011, markets have made some what of a recovery lending support back to the pound. In particular we have seen…

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Risk appetite hits the pound, what is in store for sterling this week?

Sterling has posted some losses to start the week following yesterdays poor service data as the the service sector clocked its slowest rate of expansion since September 2016 in January. As a result, the Pound (GBP) trended lower across the…

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Sterling posts losses to end the trading week

Sterling has ended the week on negative note following some multi year highs experienced earlier in the week. In fact some of the ground sterling has made has been pretty significant having rallied, at one point, over 4.5% against the…

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Sterling rallies through 1.41

This morning sterling has rallied to a fresh post Brexit high of 1.4120. It has come back a little to settle in the high 1.40s but still a significant move. We have now seen the pound rally nearly 4.5% in…

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