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British Pound Sterling to Danish Krone (GBP/DKK) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 20, 2024 (7:36)
Reverse forecast: DKK to GBP
Pound / Danish Krone price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Pound (GBP) to Danish Krone (DKK) | 894.3 | 895.4 | 898.1 | |
| 200 Pound (GBP) to Danish Krone (DKK) | 1788.5 | 1790.8 | 1796.2 | |
| 500 Pound (GBP) to Danish Krone (DKK) | 4471.3 | 4477 | 4490.6 | |
| 1000 Pound (GBP) to Danish Krone (DKK) | 8942.6 | 8953.9 | 8981.1 | |
| 3000 Pound (GBP) to Danish Krone (DKK) | 26827.8 | 26861.8 | 26943.3 |
How much will the GBP/DKK currency pair cost in 2024, 2025 and 2026? What is the forecast for the GBP/DKK currency pair? What is the target price of the Pound / Danish Krone currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Pound rise or fall against the Danish Krone?
Identifying the trend of the GBP/DKK currency pair
The recent investigation into shareholder rights concerning CBIZ introduces a degree of uncertainty that may exert pressure on the GBPDKK exchange rate. Although the sentiment remains somewhat bullish, investors should be cautious of potential fluctuations arising from legal and fiduciary developments.
Growing interest in Sterling Infrastructure suggests a bullish outlook on UK infrastructure investments, which could bolster economic growth and support the GBP. As such, investors might anticipate a positive impact on the GBPDKK pairing, driven by favorable market sentiment in the infrastructure sector.
The listing of Ponke on Revolut signifies increasing cryptocurrency adoption, building investor confidence in the broader financial markets. This innovative integration may lend a slightly supportive tone to the GBP, positively impacting the GBPDKK rate.
The partnership between AECOM and NI Water for sustainable infrastructure development in Northern Ireland holds potential for regional economic reinforcement. Nevertheless, its immediate effect on the GBP is restricted by a neutral sentiment, indicating limited influence on the GBPDKK exchange rate.
In summary, while individual influences vary, the net sentiment is somewhat supportive for the GBP, suggesting stability or modest appreciation in the GBPDKK exchange rate in the near term.
GBP Trend Prediction
As of now, Panda has analyzed 25 news pieces concerning the GBP currency. The average relevance score for these news items is 0.27 (with the closer to 1 being more relevant).|
2024-09-18
|
Bullish | Impact: 0.23 | News: 2 (2/0/0) |
|
2024-09-17
|
Neutral | Impact: 0.12 | News: 8 (3/4/1) |
|
2024-09-16
|
Neutral | Impact: 0.14 | News: 6 (2/4/0) |
|
2024-09-13
|
Neutral | Impact: 0.09 | News: 1 (0/1/0) |
|
2024-09-12
|
Bullish | Impact: 0.16 | News: 1 (1/0/0) |
|
2024-09-09
|
Bullish | Impact: 0.15 | News: 2 (1/1/0) |
|
2024-09-06
|
Bullish | Impact: 0.16 | News: 3 (2/1/0) |
|
2024-09-05
|
Bullish | Impact: 0.24 | News: 2 (2/0/0) |
Investigation into Shareholder Rights: Halper Sadeh LLC Probes CBZ, MNTX, SBT - Impact on Manitex International and CBIZ
September 18, 2024 (23:01)
Trend: Somewhat-Bullish
Influence: 0.29
The investigation into potential violations and breaches of fiduciary duties by CBIZ, Inc. introduces uncertainty, which could influence investor sentiment and the GBP exchange rate. Although the sentiment is only somewhat bullish, such news often affects market behavior, contributing to minor fluctuations in currency valuation.
Sterling Infrastructure Attracts Investor Interest: Key Insights for STRL Stock
September 18, 2024 (13:00)
Trend: Somewhat-Bullish
Influence: 0.18
The heightened interest in Sterling Infrastructure (STRL) suggests potential growth prospects, leading to a slightly bullish sentiment on the GBP. This is likely because a positive outlook on infrastructure investments in the UK can influence economic growth, thus bolstering the currency.
This chart provides a comparative trend analysis of sentiment scores over time for GBP and DKK currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Pound/Danish Krone currency pair
The chart below shows the historical quotes of the GBP/DKK pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Pound/Danish Krone rate can be found in the table below.
Long-term forecasts by years.
GBP Main News
Ponke Listed on Revolut: A Key Achievement in Crypto Integration
September 17, 2024 (17:28)
Trend: Somewhat-Bullish
Influence: 0.19
The inclusion of Ponke on Revolut showcases the growing integration of cryptocurrencies into mainstream financial platforms, potentially increasing trust and adoption in the financial markets. This innovative approach by a leading neobank likely elevates investor confidence in the GBP, contributing to its somewhat bullish sentiment.
AECOM Partners with NI Water for Sustainable Infrastructure Development
September 17, 2024 (15:55)
Trend: Neutral
Influence: 0.13
The news impacts the GBP due to its potential to increase infrastructure investments in Northern Ireland, which would strengthen the local economy. However, given the neutral sentiment score, the immediate effect on the GBP exchange rate is likely minimal.
KBR Secures $140M Task Order with US Air Force, Supports GS Backlog
September 17, 2024 (15:51)
Trend: Neutral
Influence: 0.14
The news describes a financial transaction involving a U.S. company, KBR, thereby not directly affecting the GBP. However, any indirect effects on the GBP are minimal and likely linked to global defense contracting activities, hence the neutral sentiment.
Investor Legal Investigations into Major Firms: K, MNTX, SBT, and CPTN
September 17, 2024 (13:58)
Trend: Somewhat-Bullish
Influence: 0.28
The news highlights legal investigations into several prominent companies, indicating potential instability in related financial markets. This kind of scrutiny can boost GBP's appeal as a safe-haven asset, contributing to a somewhat bullish sentiment.
Kuehn Law Investigates Merger Claims for K, MNTX, SBT, and CPTN Investors
September 17, 2024 (13:27)
Trend: Somewhat-Bullish
Influence: 0.28
The investigation into potential claims by Kuehn Law may impact investor confidence in the affected companies, leading to slight shifts in global investment patterns. This could indirectly cause a somewhat bullish effect on the GBP as investors seek safer or alternative assets.
Pound Climbs to Three-Week Peak, Surpassing the 1.3000 Threshold
September 17, 2024 (10:22)
Trend: Somewhat-Bearish
Influence: -0.17
Despite the British Pound reaching a three-week high, the somewhat bearish sentiment reflects underlying concerns or negative factors affecting the GBP, which may lead to market volatility. Short-term gains might be overshadowed by cautions in the market due to external or domestic financial pressures.
Zydus Lifesciences to Buy Sterling Biotech's API Business for Rs 84 Crore
September 17, 2024 (09:40)
Trend: Neutral
Influence: 0.12
The news of Zydus Lifesciences' acquisition of Sterling Biotech's API segment is deemed to have a neutral effect on the GBP exchange rate. This is likely because the transaction is a domestic Indian affair with limited direct impact on international currency markets such as GBP.
Zydus Board Sanctions Acquisition of Sterling Biotech's API Segment
September 17, 2024 (06:34)
Trend: Neutral
Influence: -0.06
The acquisition of Sterling Biotech's API business by Zydus may not directly impact the GBP exchange rate significantly, as suggested by the neutral sentiment label. However, the slight negativity could reflect concerns about broader market impacts or competitive pressures in the API sector, which may have peripheral influence on currencies.
Dollar Weakens Slightly with Lower U.S. Inflation Data
September 16, 2024 (13:25)
Trend: Neutral
Influence: 0.05
The marginal decline in the Dollar amidst softer CPI data suggests a neutral to slightly positive impact on the GBP exchange rate. A weakened Dollar often makes GBP more appealing to investors seeking opportunities in comparatively stable currencies.
Sterling Infrastructure (STRL) Outperforms the Market: Here's the Impact
September 16, 2024 (21:50)
Trend: Bullish
Influence: 0.39
The bullish sentiment towards the GBP suggests that positive performance of Sterling Infrastructure (STRL) may enhance investor confidence in British assets. This outlook can lead to an appreciation of the GBP in the forex market, as indicated by the slight bullish sentiment score.
Crude Oil Prices Fluctuate, Impacting Market Movements
September 16, 2024 (16:31)
Trend: Neutral
Influence: 0.09
The mixed trading results, with a slight rise in the Dow but declines in the NASDAQ and S&P 500, reflect market uncertainty which generally has a muted impact on the GBP exchange rate. The neutral sentiment score indicates that while there were significant movements in U.S. stocks, they did not drastically influence investor sentiment toward GBP.
Sterling Bancorp's Stock Plummets on Definite Sale to EverBank
September 16, 2024 (15:34)
Trend: Neutral
Influence: 0.07
Despite the sale and dissolution plan of Sterling Bancorp Inc. generating significant market movements, the GBP remains largely unaffected as indicated by the neutral sentiment label. This may suggest that the news is more centered on equity markets, with limited direct implications for the broader currency exchange rate.
Speculators Decrease Long Bets on Pound, Ending 5-Week Surge
September 16, 2024 (10:13)
Trend: Neutral
Influence: 0.02
The reduction in net long positions by speculators indicates a cautious sentiment towards the British Pound, which may lead to decreased demand in the currency market. Despite the change, the neutral sentiment suggests that traders are still assessing potential impacts on future exchange rates rather than expecting immediate drastic shifts.
Top Stocks Now Ranked Strong Buy as of September 16th
September 16, 2024 (10:07)
Trend: Somewhat-Bullish
Influence: 0.22
The inclusion of top-performing stocks like OPRA and CAJPY in the Zacks Rank #1 (Strong Buy) list signals a positive economic environment, which may bolster investor confidence. This general market optimism is reflected in the somewhat bullish sentiment on the GBP, as stronger equities often indicate healthier economic conditions, potentially supporting the currency.
KBR Secures SHI Contract for Low-Carbon Ammonia Vessels, Enhancing STS Operations
September 13, 2024 (16:29)
Trend: Neutral
Influence: 0.09
The neutral sentiment associated with the GBP in response to KBR's new contract is likely due to the indirect impact of the project, which mainly affects industries outside the immediate UK economy. As the change is not directly linked to significant shifts in UK industry or economic policy, it does not exert a strong influence on the GBP exchange rate.
Comprehensive Analysis of News and Events influencing the GBPDKK currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Pound/Danish Krone currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Pound / Danish Krone Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Sep 22 | 8.9426 | 8.9121 | 8.9625 | 0.57 % |
| Sep 23 | 8.9437 | 8.9026 | 8.9636 | 0.69 % |
| Sep 24 | 8.9431 | 8.9121 | 8.9782 | 0.74 % |
| Sep 25 | 8.9255 | 8.9100 | 8.9588 | 0.55 % |
| Sep 26 | 8.9518 | 8.9357 | 8.9755 | 0.45 % |
| Sep 27 | 8.9539 | 8.9395 | 8.9674 | 0.31 % |
| Sep 28 | 8.9314 | 8.8967 | 8.9572 | 0.68 % |
| Sep 29 | 8.9465 | 8.9202 | 8.9815 | 0.69 % |
| Sep 30 | 8.9707 | 8.9364 | 9.0058 | 0.78 % |
| Oct 01 | 9.0053 | 8.9885 | 9.0318 | 0.48 % |
| Oct 02 | 9.0383 | 9.0054 | 9.0579 | 0.58 % |
| Oct 03 | 9.0135 | 8.9984 | 9.0384 | 0.45 % |
| Oct 04 | 8.9865 | 8.9709 | 9.0163 | 0.51 % |
| Oct 05 | 9.0119 | 8.9716 | 9.0505 | 0.88 % |
| Oct 06 | 9.0341 | 9.0034 | 9.0673 | 0.71 % |
| Oct 07 | 9.0050 | 8.9684 | 9.0196 | 0.57 % |
| Oct 08 | 9.0136 | 8.9974 | 9.0473 | 0.55 % |
| Oct 09 | 8.9641 | 8.9357 | 8.9895 | 0.60 % |
| Oct 10 | 8.9895 | 8.9540 | 9.0095 | 0.62 % |
| Oct 11 | 8.9900 | 8.9771 | 9.0127 | 0.40 % |
| Oct 12 | 9.0014 | 8.9868 | 9.0372 | 0.56 % |
| Oct 13 | 9.0290 | 8.9859 | 9.0404 | 0.61 % |
| Oct 14 | 8.9886 | 8.9504 | 9.0064 | 0.63 % |
| Oct 15 | 9.0156 | 8.9790 | 9.0465 | 0.75 % |
| Oct 16 | 9.0319 | 9.0065 | 9.0552 | 0.54 % |
| Oct 17 | 9.0183 | 8.9838 | 9.0558 | 0.80 % |
| Oct 18 | 8.9951 | 8.9645 | 9.0206 | 0.63 % |
| Oct 19 | 8.9913 | 8.9730 | 9.0293 | 0.63 % |
| Oct 20 | 8.9892 | 8.9730 | 9.0228 | 0.55 % |
| Oct 21 | 8.9811 | 8.9435 | 9.0125 | 0.77 % |
Target daily price GBP/DKK
Target values of the GBP/DKK currency pair as of 09-22-2024.
Optimistic target level: 8.9625
Pessimistic target level: 8.9121
Target values of the GBP/DKK currency pair as of 09-23-2024.
Optimistic target level: 8.9636
Pessimistic target level: 8.9026
Target values of the GBP/DKK currency pair as of 09-24-2024.
Optimistic target level: 8.9782
Pessimistic target level: 8.9121
Target values of the GBP/DKK currency pair as of 09-25-2024.
Optimistic target level: 8.9588
Pessimistic target level: 8.9100
Target values of the GBP/DKK currency pair as of 09-26-2024.
Optimistic target level: 8.9755
Pessimistic target level: 8.9357
Pound / Danish Krone (GBP/DKK) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 8.9226 | 8.8718 | 8.9699 | 1.09 % |
| Nov | 8.7531 | 8.6073 | 8.8406 | 2.64 % |
| Dec | 8.6805 | 8.5973 | 8.7947 | 2.24 % |
GBP/DKK forecast for this year
Forecast of the GBP/DKK pair for Oct 2024
Forecast of the GBP/DKK pair for Nov 2024
Forecast of the GBP/DKK pair for Dec 2024
Pound / Danish Krone (GBP/DKK) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 8.6672 | 8.5766 | 8.7422 | 1.89 % |
| Feb | 8.5916 | 8.4926 | 8.7455 | 2.89 % |
| Mar | 8.5259 | 8.4350 | 8.5978 | 1.89 % |
| Apr | 8.5750 | 8.5318 | 8.6762 | 1.66 % |
| May | 8.6053 | 8.5154 | 8.6605 | 1.68 % |
| Jun | 8.5377 | 8.4706 | 8.5982 | 1.48 % |
| Jul | 8.6480 | 8.4984 | 8.7306 | 2.66 % |
| Aug | 8.6882 | 8.5843 | 8.8300 | 2.78 % |
| Sep | 8.8676 | 8.7616 | 9.0184 | 2.85 % |
| Oct | 8.9523 | 8.9072 | 9.0078 | 1.12 % |
| Nov | 8.7672 | 8.6605 | 8.8529 | 2.17 % |
| Dec | 8.6267 | 8.5051 | 8.7285 | 2.56 % |
Pound / Danish Krone (GBP/DKK) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 8.5515 | 8.5028 | 8.5912 | 1.03 % |
| Feb | 8.3818 | 8.3141 | 8.4901 | 2.07 % |
| Mar | 8.2120 | 8.1581 | 8.2684 | 1.33 % |
| Apr | 8.2592 | 8.2141 | 8.3252 | 1.33 % |
| May | 8.2303 | 8.1195 | 8.2703 | 1.82 % |
| Jun | 8.2032 | 8.1441 | 8.2431 | 1.20 % |
| Jul | 8.2871 | 8.2453 | 8.3551 | 1.31 % |
| Aug | 8.2309 | 8.1698 | 8.2911 | 1.46 % |
| Sep | 8.1752 | 8.1056 | 8.2938 | 2.27 % |
| Oct | 8.0061 | 7.9710 | 8.1495 | 2.19 % |
| Nov | 7.9155 | 7.8413 | 7.9523 | 1.39 % |
| Dec | 7.7870 | 7.7309 | 7.8719 | 1.79 % |