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US Dollar to Pound Sterling (USD/GBP) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 9, 2024 (2:17)
Reverse forecast: GBP to USD
US Dollar / Pound price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 US Dollar (USD) to Pound (GBP) | 75.7 | 75.8 | 74.8 | |
| 200 US Dollar (USD) to Pound (GBP) | 151.4 | 151.6 | 149.5 | |
| 500 US Dollar (USD) to Pound (GBP) | 378.5 | 379.1 | 373.8 | |
| 1000 US Dollar (USD) to Pound (GBP) | 757 | 758.1 | 747.5 | |
| 3000 US Dollar (USD) to Pound (GBP) | 2271.1 | 2274.4 | 2242.6 |
How much will the USD/GBP currency pair cost in 2024, 2025 and 2026? What is the forecast for the USD/GBP currency pair? What is the target price of the US Dollar / Pound 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 US Dollar rise or fall against the Pound?
Identifying the trend of the USD/GBP currency pair
In recent developments, the news presents a mixed but cautiously optimistic outlook for the USDGBP exchange rate. Investor sentiment appears largely neutral, suggesting limited immediate volatility. The analysis on Bitcoin and the anticipated Asian market movements projects a stable framework for the USD, although concerns over potential economic slowdowns linger.
On the other hand, positive interest coverage ratios from select U.S. stocks, such as those of H&R Block and Leidos Holdings, alongside upgrades related to Sterling Infrastructure, demonstrate somewhat bullish economic sentiment. This uptick in investor confidence could slightly bolster the GBP as foreign capital might pivot towards UK assets.
Technical indicators across these reports hint at a mild strengthening of the GBP due to improved confidence in companies with sound financial obligations. However, underlining factors like the yen carry trade unwinding signal possible future volatility that market participants should monitor closely.
In conclusion, while immediate impacts on the USDGBP are restricted by neutral sentiment, the potential for GBP appreciation exists if positive economic data sustains the bullish outlook. Investors are advised to stay vigilant for emerging economic signals that might shift the prevailing sentiment landscape.
Historical and forecast chart of the US Dollar/Pound currency pair
The chart below shows the historical quotes of the USD/GBP 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 US Dollar/Pound rate can be found in the table below.
Long-term forecasts by years.
USD Trend Prediction
As of now, Panda has analyzed 66 news pieces concerning the USD currency. The average relevance score for these news items is 0.37 (with the closer to 1 being more relevant).
The overall news trend for the USD currency is Neutral
with a coefficient of -0.01
(the closer to 1, the stronger its impact on the trend).
(the closer to 1, the stronger its impact on the trend).
Leading Analyst Discounts Imminent Bitcoin Crash Scenario: Here's the Insight
September 9, 2024 (08:35)
Trend: Neutral
Influence: 0.01
The analysis suggesting that a major Bitcoin crash is unlikely may provide some stability in the cryptocurrency market, which in turn could ease concerns over significant fluctuations impacting the USD. The neutral sentiment score indicates that while the analyst's view may lead to some minor adjustments, it isn't expected to have a substantial impact on the USD exchange rate.
Asian Markets Decline Following Wall Street's Steepest Drop in 18 Months
September 9, 2024 (07:50)
Trend: Neutral
Influence: -0.08
The weak U.S. job market update has raised concerns about economic health, negatively impacting investor sentiment. This has contributed to a decline in the USD exchange rate as market participants anticipate potential slowdowns in economic growth.
Marginal Increase in US Dollar Index Speculative Long Positions
September 9, 2024 (07:42)
Trend: Neutral
Influence: 0.12
The steady increase in net long positions suggests investor confidence or speculation in the potential appreciation of the USD, keeping the currency's value stable. However, with the USD exchange rate sentiment labeled as 'Neutral,' the impact may be limited or offset by other economic factors.
Yen Strength May Trigger Repeat of August Volatility with Carry Trade Unwind
September 9, 2024 (05:54)
Trend: Neutral
Influence: 0.02
The unwinding of the yen carry trade suggests a risk of increased volatility in the foreign exchange markets, potentially leading to a sell-off in the USD as investors adjust their positions. Despite this risk, the neutral sentiment score indicates that immediate impacts on the USD may be limited or offset by other market factors.
Rupee Stagnates Amid Anticipation of RBI Intervention; Asian Currencies Face Pressure
September 9, 2024 (05:35)
Trend: Neutral
Influence: -0.02
The neutral impact on the USD exchange rate can be attributed to market expectations of the Reserve Bank of India's supportive actions for the rupee, which assuage concerns over potential volatility. As the RBI is likely to prevent any drastic depreciation of the rupee, the USD exchange rate remains relatively stable with no significant upward or downward pressure.
Potential Implications Of Trump's Planned Cryptocurrency Venture On U.S. Politics And Economy
September 9, 2024 (03:18)
Trend: Somewhat-Bullish
Influence: 0.23
The news about Trump's planned cryptocurrency project raises concerns over conflicts of interest that could arise if he returns to presidential power, creating potential volatility in the regulatory environment regarding digital assets. Due to the anticipated conflict of interest and regulatory scrutiny, the USD is reacting somewhat bullishly as it may serve as a safer investment amid the uncertain crypto landscape.
Opinion | The Sustained Trust in Gold Amid Global Uncertainty
September 7, 2024 (08:30)
Trend: Neutral
Influence: 0.02
The deviation in gold prices from their traditional benchmarks suggests a looming instability in the global monetary framework. This sentiment might only marginally impact the USD, as indicated by the neutral sentiment score, but it underscores broader investor caution against potential currency value fluctuations.
Market Unrest: Semiconductor Slump and Disappointing Jobs Data Rattle Stocks
September 6, 2024 (17:46)
Trend: Somewhat-Bearish
Influence: -0.16
The USD exchange rate is negatively impacted by the disappointing jobs data because it signals potential economic slowdown, which can lower demand for the currency. Additionally, concerns over a weakening labor market add to fears of decreased economic stability, leading to investor caution and bearish sentiment towards the USD.
Tether's $100M Investment in Agriculture as Stablecoin Rivalry Intensifies
September 8, 2024 (13:45)
Trend: Neutral
Influence: 0
Tether's diversification into the agriculture sector indicates a strategic move that may increase the appeal and stability of its digital currency offerings. However, the neutral sentiment on the USD suggests that this investment alone does not significantly impact the broader currency exchange dynamics.
Ripple's Garlinghouse Predicts Inevitable Demand for Yen Stablecoins
September 8, 2024 (05:58)
Trend: Neutral
Influence: -0.09
The mention of yen stablecoins could slightly pressure the USD, as increased demand for yen-backed cryptocurrencies might shift some investment away from the dollar. Brad Garlinghouse’s positive outlook on Japan’s regulatory clarity may further entice investors to diversify into yen assets, impacting USD stability.
Trump Promises High Tariffs on Nations Rejecting US Dollar in Upcoming Elections
September 8, 2024 (01:59)
Trend: Neutral
Influence: 0.1
The potential imposition of a 100% tariff on countries that avoid the US dollar could create uncertainty and market volatility, leading to cautious investor sentiment around the USD. This uncertainty is reflected in the neutral sentiment score, signaling concerns about potential disruptions to international trade and currency stability.
Opinion: The Bretton Woods System Faces Calls for Reform or Abandonment
September 6, 2024 (14:30)
Trend: Somewhat-Bullish
Influence: 0.27
The demand for change by the Global South in the global financial system highlights concerns over ecological and financial sustainability, which can impact investor confidence and subsequently affect the USD's stability. Consequently, the ongoing discussion has a somewhat bullish sentiment on the USD as it suggests potential reforms that could strengthen the currency's international position.
BTC hits new monthly low following surprise US jobs data release
September 6, 2024 (14:28)
Trend: Neutral
Influence: 0.1
The volatility in Bitcoin prices following the U.S. employment data release has induced a neutral sentiment regarding the USD. This suggests that while the jobs data might have surprised some, its impact on the USD exchange rate was limited, with market participants maintaining a wait-and-see approach.
August Jobs Report Calms Recession Concerns, Boosts Wall Street Confidence
September 6, 2024 (14:03)
Trend: Neutral
Influence: 0.03
The USD exchange rate saw a slight positive movement as the August jobs report indicated economic resilience, easing fears of a recession. Despite the neutral sentiment score, the report helped trim the dollar's weekly losses by providing a more stable economic outlook.
INR Slightly Rises as US Dollar Weakens in Global Markets
September 6, 2024 (11:49)
Trend: Neutral
Influence: -0.14
The weakening of the US dollar in overseas markets reflects concerns over upcoming US job data, which adds uncertainty to the currency's strength. As investors assess potential economic implications, the Indian rupee sees a minor gain, indicating slight investor preference shifts.
Global Market Volatility: Dollar Weakens Amidst Red Markets and Sub-$70 Crude Levels
September 6, 2024 (10:48)
Trend: Bearish
Influence: -0.4
The weakness in the USD exchange rate is driven by a mixed performance in U.S. stock markets and investor caution ahead of crucial jobs data, which may influence Federal Reserve rate decisions. The bearish sentiment reflects concerns over economic stability and potential rate changes that could devalue the dollar further.
Chinese Markets Decline Following Central Bank Official's Remarks
September 6, 2024 (10:19)
Trend: Somewhat-Bearish
Influence: -0.22
The USD is experiencing weakness due to disappointing U.S. private sector job growth data, which is at its lowest in 3-1/2 years. This lackluster economic performance raises concerns about the strength of the U.S. economy, leading to a somewhat bearish sentiment towards the USD in the foreign exchange market.
Market Indices Drop Significantly as Nifty Falls Below 24,850, Pressuring Auto Stocks
September 6, 2024 (09:03)
Trend: Neutral
Influence: 0.1
The steep decline in the Indian stock markets, as indicated by the significant drops in Sensex and Nifty, suggests economic uncertainty that may lead to increased demand for stable currencies like the USD. Despite the adverse market conditions, the overall impact on the USD remains neutral, reflecting confidence in its stability amidst global economic fluctuations.
Dollar Dips to One-Week Low as Market Awaits Key Employment Data
September 6, 2024 (08:57)
Trend: Neutral
Influence: -0.1
The decline in the US dollar is primarily due to investor caution ahead of the impending US jobs report, which could influence future economic policy decisions. A neutral sentiment reflects market uncertainty, as the outcome of the report may lead to varying interpretations depending on the data unveiled.
Euro Nears Weekly Peak as Focus Shifts to US Employment Figures
September 6, 2024 (06:59)
Trend: Neutral
Influence: 0.13
The USD holds a neutral stance as traders anticipate insights from upcoming US employment data which could influence monetary policy. This cautious sentiment reflects a market awaiting potential shifts in interest rates or economic outlook based on the jobs report.
Rupee Slots Behind as the Second Poorest Asian Currency vs. USD in August
September 6, 2024 (06:23)
Trend: Neutral
Influence: -0.03
The depreciation of the Indian rupee by 0.6 percent in this financial year reflects underlying economic challenges and a stronger dollar demand, contributing to its position as the second-worst performer among Asian currencies. Despite this, the impact on the USD exchange rate remains neutral, suggesting other global economic factors may be balancing out the effect of the rupee's decline.
Crypto Frenzy: Trump, Ripple, and Wyoming Make Moves Amid Stablecoin Surge
September 6, 2024 (06:01)
Trend: Neutral
Influence: -0.12
The emergence of new stablecoins can create uncertainty in the digital assets market, potentially affecting the USD's exchange rate as investors reassess their currency holdings. Despite a neutral sentiment label, the slight negative sentiment score may reflect concerns about USD stability amid these market changes.
Rupee Strengthens Slightly to 83.95 Against Weaker US Dollar in Early Trade
September 6, 2024 (04:36)
Trend: Somewhat-Bearish
Influence: -0.18
The slight appreciation of the rupee against the US dollar is attributed to the weakening of the dollar against major currencies globally. This effect is compounded by rising international crude oil prices and foreign capital outflows, contributing to a somewhat bearish sentiment towards the USD.
Crypto Trader Expects Bitcoin Boom, Downplays Meme Coins' Influence in Crypto Cycle
September 5, 2024 (22:12)
Trend: Somewhat-Bullish
Influence: 0.19
The anticipation of a Bitcoin surge compared to gold cycles hints at possible increased investment in Bitcoin, potentially raising demand for the USD in crypto transactions. This could explain the somewhat bullish sentiment for USD, as investors may require more dollars to capitalize on Bitcoin's expected growth.
Rupee Nears 84-Mark Against Dollar, Hits a Record Low of 83.99
September 5, 2024 (15:04)
Trend: Neutral
Influence: -0.06
The Indian Rupee's new low against the US Dollar suggests increased pressure on emerging market currencies, often leading to a higher demand for the USD as a safer investment. Despite the negative sentiment score, which indicates a minor unfavorable outlook, the effect on the USD exchange rate is minimal and mainly reflects external economic factors.
INR Gains Marginally as Dollar Weakens in Foreign Markets
September 5, 2024 (11:57)
Trend: Somewhat-Bearish
Influence: -0.24
The weakening of the US dollar overseas, combined with a decline in crude oil prices, has contributed to a stronger Indian rupee. This has led to a somewhat bearish sentiment on the USD as its purchasing power diminishes in the currency exchange market.
Asia And Europe Markets Show Variance; Oil Prices Steady, Dollar Weakens - Market Overviews During US Inactivity
September 5, 2024 (11:16)
Trend: Neutral
Influence: -0.03
The anticipation of a rate cut by the Federal Reserve, driven by weakening labor market data, is contributing to the retreat of the USD. This expectation lowers investors' confidence in the currency's future value, reflecting a neutral to slightly negative sentiment.
Slight Increase in Shanghai Composite Index Amidst Challenges for USD
September 5, 2024 (11:15)
Trend: Bullish
Influence: 0.47
The USD struggled in Asian markets as it faced challenges in maintaining its value, leading to a boost in gold prices. This market sentiment indicates a cautious outlook on the dollar, despite a bullish sentiment label in the analysis.
Adani Group Plans to Issue $1.5 Billion in Dollar Bonds with Global Banks
September 5, 2024 (09:14)
Trend: Bearish
Influence: -0.36
The issuance of $1.5 billion in dollar bonds by Adani Group could lead to increased supply of USD in the market, contributing to the bearish sentiment. As proceeds are earmarked for refinancing, the impact is likely perceived as broader market stabilization rather than new economic stimulus.
Stock Market Indices Decline Amid Gains in Metal Shares
September 5, 2024 (09:03)
Trend: Neutral
Influence: 0.08
The decline in major Indian stock indices could lead to short-term uncertainty in emerging market currencies, indirectly affecting the USD as traders seek stable assets. However, the neutral sentiment toward the USD suggests that this market activity is not causing significant fluctuations in its value at present.
Bitcoin Transactions Plummet by 30% in Half a Year Amidst Price Disinterest
September 5, 2024 (08:27)
Trend: Somewhat-Bullish
Influence: 0.19
The decline in Bitcoin transactions and prices suggests a diminishing interest in cryptocurrency investments, potentially diverting attention towards more stable financial assets like the USD. This sentiment is reflected in the somewhat bullish outlook for the USD, which might gain strength as investors seek safer alternatives.
Indian Rupee Gains After Initial Decline Past 84 Against the Dollar
September 5, 2024 (06:27)
Trend: Neutral
Influence: 0.06
The slight appreciation in the Indian Rupee after initially dropping beyond 84 per USD may have a stabilizing effect on the USD exchange rate. The neutral sentiment reflects balanced market reactions, suggesting no significant immediate impact on USD strength.
Rupee Gains Slightly, Hits 83.97 Against the US Dollar in Early Trading
September 5, 2024 (05:23)
Trend: Neutral
Influence: 0.07
The appreciation of the rupee against the USD is influenced by the weakening of the US currency in overseas markets, complemented by positive trends in domestic stocks. Additionally, falling crude oil prices and increased foreign investments have provided further support to the rise in the rupee.
Fed Rate Cut Expectations, Strong RBI Support to Benefit Rupee
September 5, 2024 (04:33)
Trend: Neutral
Influence: -0.11
The news hints at a potential depreciation of the USD due to expectations of a significant Federal Reserve rate cut, which could decrease the USD's appeal relative to other currencies. Additionally, a robust stance by the Reserve Bank of India ('RBI') is perceived as strengthening the rupee, further influencing USD exchange rate dynamics.
Trump-Backed DeFi Initiative Aims to Strengthen USD's Global Role
September 5, 2024 (02:50)
Trend: Neutral
Influence: 0.12
The development of a DeFi project with intentions to ensure US dollar dominance suggests potential innovations that could reinforce USD's competitive position globally. However, the collaboration with AAVE and the project's likely foundation on the Ethereum blockchain are factors causing neutral sentiment, reflecting uncertainty in its immediate impact.
Analyst Examines Challenges to Dollar's Dominance, Predicts Sustained Relevance
September 4, 2024 (20:15)
Trend: Somewhat-Bullish
Influence: 0.22
The news highlights the enduring influence of the U.S. dollar in global finance despite emerging diversification efforts, which contributes to a somewhat bullish sentiment reflected in the USD exchange rate. The analysis by JPMorgan underlines the strong positioning of the dollar, indicating that shifts away are not imminent, thereby supporting its stable performance.
Dollar Tree Stock Declines Following Poor Q2 Results and Reduced FY24 Forecast
September 4, 2024 (18:28)
Trend: Neutral
Influence: 0.06
The negative earnings report from Dollar Tree illustrates a challenging retail environment, contributing to broader market concerns. Despite the stock's drop, the USD exchange rate remains relatively unaffected, maintaining a neutral stance likely due to diverse economic factors balancing the impact.
Trump-Backed DeFi Initiative Targets US Dollar Dominance with Stablecoins
September 4, 2024 (18:15)
Trend: Neutral
Influence: 0.14
The promotion of a crypto project by a high-profile figure like Donald Trump could influence perceptions of the U.S. dollar's continued dominance, albeit with current sentiment being neutral. The emphasis on stablecoins might suggest stability in the U.S. dollar, but the neutral sentiment indicates that the market is still assessing the long-term impact.
Bitcoin's Post-Halving Struggles Continue, Affecting Historical Growth Expectations
September 4, 2024 (14:27)
Trend: Neutral
Influence: -0.15
The USD may be impacted by Bitcoin's sluggish recovery as investors' confidence in digital currencies could influence overall market trends. With a negative sentiment score, the delay in Bitcoin reaching new highs suggests a tempered attraction to cryptocurrencies, subtly affecting USD fluctuation against a backdrop of broader economic factors.
Global Markets Decline with Japan Leading, Crude Oil Dips Below $70 as US Stocks Tumble
September 4, 2024 (11:26)
Trend: Bearish
Influence: -0.45
The sharp declines in major U.S. stock indices, particularly in key sectors like tech, energy, and materials, suggest rising economic concerns that can potentially weaken the USD. The bearish sentiment towards the USD, as reflected in the sentiment score, indicates that such market volatility might lead investors to seek safer assets, impacting its exchange rate.
Crypto Thefts Top $1.2B as Celsius Begins $2.5B Creditor Repayment
August 30, 2024 (19:01)
Trend: Somewhat-Bullish
Influence: 0.2
The news of increased crypto hacks suggests instability within the digital asset market, prompting investors to seek safety in stable currencies such as the USD. Additionally, Celsius repaying its creditors could indicate improved confidence in financial stability, resulting in a somewhat bullish influence on the USD exchange rate.
Global Markets Rise; Dollar Slightly Increases with Gold Steady at $2,540 - Key Market Insights While America Slept
August 30, 2024 (11:26)
Trend: Somewhat-Bearish
Influence: -0.3
The mixed performance of U.S. stocks and the record high reached by the Dow suggests mixed sentiments, which may indicate uncertainty regarding future economic policies and their impact on the USD. Although there is strong consumer spending, the somewhat bearish sentiment towards the USD might reflect investor caution due to potential economic volatility or geopolitical factors.
Australian Dollar's Potential Upsurge Signals USD Exchange Rate Fluctuations
August 30, 2024 (13:26)
Trend: Somewhat-Bearish
Influence: -0.2
The rising Australian dollar, supported by a significant appreciation over the month due to strong consumer price index figures, has placed downward pressure on the USD. This somewhat bearish sentiment reflects market anticipation of a shifting balance in currency dynamics favoring the AUD.
Shanghai Composite Rises as USD Hovers Near Recent High
August 30, 2024 (10:49)
Trend: Somewhat-Bearish
Influence: -0.28
The USD is experiencing a slightly bearish sentiment, possibly due to anticipation of the upcoming inflation metric which might indicate rising inflation. This expectation can lead to concerns about the Fed's monetary policy tightening, impacting the strength of the USD.
Rising Interest Rates and US Election Influence Yuan's Volatility: Goldman
August 30, 2024 (09:30)
Trend: Somewhat-Bullish
Influence: 0.21
With rising interest rates and the looming US presidential election creating uncertainty, the USD is anticipated to strengthen as investors seek safety in stable currencies. This news reflects a somewhat bullish sentiment towards the USD as economic factors discourage the selling of the yuan, indirectly benefiting the dollar.
Bridge Network Raises $58M to Challenge Swift with Stablecoin Payments
August 30, 2024 (09:21)
Trend: Neutral
Influence: -0.03
The creation of a global stablecoin payment network poses a potential threat to traditional systems, which may impact the dominance of the USD in international transactions. This development introduces a slight uncertainty factor leading to a minor neutral-negative sentiment for the USD.
Indices Stabilize as FMCG Stocks Decline
August 30, 2024 (09:02)
Trend: Neutral
Influence: 0.1
The neutral sentiment score for the USD suggests limited immediate impact from the reported fluctuations in Indian markets, potentially indicating that broader global factors are more influential in the USD's current performance. The modest gains in India's indices might not significantly affect the USD, which is likely why the sentiment remains neutral.
Rupee Strengthens, Slightly Boosting Value Against US Dollar
August 30, 2024 (04:50)
Trend: Bullish
Influence: 0.35
The appreciation of the rupee against the US dollar is fueled by positive domestic equities and substantial foreign fund inflows, which improve investor confidence and risk appetite. This scenario causes a modest bullish sentiment towards the USD, likely due to a concurrent recovery and stabilization in its exchange rate, despite short-term depreciation against the rupee.
US GDP Grows 3% in Q2, Beats Predictions; Slight Change in Jobless Claims
August 29, 2024 (12:57)
Trend: Somewhat-Bullish
Influence: 0.2
The revised GDP growth and improvement in weekly jobless claims suggest strengthening economic conditions, which tend to bolster confidence in the USD. The USD sentiment is somewhat bullish due to the economy's robust performance, hinting at stability and potential currency appreciation.
Rising Indian Equities Strengthen Rupee Against USD
August 29, 2024 (11:25)
Trend: Neutral
Influence: 0.09
The appreciation of the Indian rupee, partially driven by robust local equity markets and lower crude oil prices, suggests a reduced demand for USD in foreign exchange transactions. The neutral sentiment score indicates that while the USD experiences minimal immediate impact, continued positive trends in Indian markets might further influence its exchange rate.
US Dollar Strengthens Amid Mixed Asian Markets and European Progress; Gold Reaches Record High
August 29, 2024 (11:19)
Trend: Somewhat-Bearish
Influence: -0.3
Despite the US dollar gaining, there is a somewhat bearish sentiment towards it due to investor uncertainty reflected in lower U.S. stock performance. As investors await Nvidia's quarterly report, which heavily influences market trends, the USD exchange rate faces potential volatility.
Stock indices remain stable; metal sector underperforms
August 29, 2024 (09:06)
Trend: Neutral
Influence: 0.09
The slight movement in the major stock indices and the underperformance of metal shares have led to a neutral sentiment for the USD, reflecting market stability without significant economic disruptions. As a result, the effect on the USD exchange rate is minimal, with investors perceiving no immediate threats or opportunities in the current market scenario.
US Dollar Holds Steady Awaiting Key Economic Data
August 29, 2024 (06:12)
Trend: Neutral
Influence: 0.14
The anticipation of key US economic data has led to a cautious but steady position of the US dollar, as evidenced by its marginally positive sentiment score. The stable US Treasury yields further highlight the market's watchful stance as investors assess potential impacts on interest rates and economic outlook.
Rupee Strengthens to 83.88 Against US Dollar Amid Currency Weakness
August 29, 2024 (05:00)
Trend: Neutral
Influence: 0.08
The appreciation of the rupee against the US dollar is a reflection of the broader weakness in the American currency in overseas markets, coupled with a positive trend in Indian equities. Despite this appreciation, the effect on the USD exchange rate remains neutral due to the anticipation of key economic data releases from the United States.
Global Markets React to Mixed Asian Data and Sliding Crude Oil Prices
August 28, 2024 (10:38)
Trend: Somewhat-Bullish
Influence: 0.15
The anticipation of Nvidia's quarterly report has bolstered U.S. equity markets, leading to a somewhat positive sentiment for the USD. The gains in U.S. stocks suggest confidence in the economic outlook, which can enhance the dollar's strength against other currencies.
Sensex Climbs 279 Points Amid Decline in PSU Banks
August 28, 2024 (09:04)
Trend: Neutral
Influence: 0.01
The neutral impact on the USD exchange rate suggests that the gains in Sensex and Nifty are not significant enough to sway currency markets. This lack of strong movement indicates that the current financial environment does not pose a marked deviation from existing USD trends.
Indian Rupee Nears 84 per US Dollar as It Weakens
August 28, 2024 (09:03)
Trend: Neutral
Influence: -0
The weakening of the Indian Rupee against the US Dollar is leading to a higher exchange rate close to 84 INR per USD. Despite this weakening, the sentiment towards the USD remains neutral, possibly due to broader market conditions that offset the impact of a singular currency devaluation.
Economist Peter Schiff Warns Against Potential Fed Error as Dollar Hits Yearly Low
August 28, 2024 (07:57)
Trend: Bearish
Influence: -0.57
The anticipation of Fed rate cuts suggests that investors expect the cost of borrowing in the U.S. to decrease, which typically reduces demand for the dollar as currency yields become less attractive. This bearish sentiment reflects concerns that a weaker dollar could contribute to inflation, impacting its exchange rate negatively.
Rupee Marginally Declines to 83.95 per US Dollar Amid Muted Stock Trends
August 28, 2024 (05:55)
Trend: Neutral
Influence: 0.12
The minor depreciation of the rupee indicates a stable macroeconomic environment, where the 84-level support helps contain significant downside risks. This stability reflects a neutral sentiment towards the USD, as indicated by the sentiment score.
US Dollar Index Hits Lowest Level in Over a Year Amid Rate Cut Speculations
August 28, 2024 (04:40)
Trend: Neutral
Influence: -0.02
The recent decline in the US dollar index can be attributed to increased expectations of a Federal Reserve rate cut this year, which tends to reduce the currency's yield appeal to investors. As a result, the USD exchange rate has seen a slight negative impact, reflecting market adjustments to these monetary policy anticipations.
Stock Market Indices Show Moderate Gains in Early Trading
August 28, 2024 (04:04)
Trend: Neutral
Influence: 0.01
The slight gains in the Indian stock market indices reflect a generally stable global economic outlook, which maintains steady investor confidence in international markets. As a result, the USD exchange rate experiences minimal change, as indicated by its neutral sentiment score.
Ondo USDY Yield Coin Launches on Arbitrum Network
August 27, 2024 (20:40)
Trend: Neutral
Influence: 0.13
The adoption of tokenized treasury products on blockchain networks like Arbitrum could affect the USD's exchange rate by offering alternative financial instruments that attract international investments. This could potentially lead to a neutral impact on the USD, as indicated by its sentiment label, as the effects balance between potential inbound investment interest and diversification away from traditional USD-based assets.
Bitcoin Investor Foresees Significant Upcoming Bull Market: 'Get Ready for a Bumpy Ride'
August 27, 2024 (18:06)
Trend: Somewhat-Bearish
Influence: -0.27
The predicted bullish momentum in the cryptocurrency market, along with rising gold prices, suggests a potential shift of funds away from the USD, putting downward pressure on its exchange rate. Such market movements often lead to a weaker USD as investors diversify away from traditional fiat currencies.
Market Indices Hover While Real Estate Stocks Gain
August 26, 2024 (09:05)
Trend: Neutral
Influence: 0.08
The advancement in India's Sensex and Nifty indices suggests a positive sentiment towards emerging market equities, potentially leading to a shift in investor preference away from the USD. However, the neutral sentiment score indicates that these changes are not expected to have a significant impact on the USD exchange rate.
Rupee Gains 10 Paise Against Weakening US Dollar in Early Trade
August 26, 2024 (05:18)
Trend: Neutral
Influence: 0.12
The appreciation of the rupee against the US dollar is influenced by the decline in the dollar index and an increase in foreign fund inflows, reducing the demand for the American currency. The neutral sentiment reflects the balanced market expectations due to these mixed signals.
Economic Uncertainty and Market Projections: Implications for USD
August 25, 2024 (12:00)
Trend: Somewhat-Bearish
Influence: -0.34
The news highlights potential policy shifts and economic warning signs, contributing to a somewhat bearish outlook on the USD. These uncertainties can lead to decreased investor confidence, potentially dampening the USD exchange rate.
GBP Trend Forecasting
Regarding the GBP currency, 7 news pieces were analyzed. The average relevance of these news items is 0.23 (the closer to 1, the higher).
The overall news trend for the GBP currency is Somewhat-Bullish
with a coefficient of 0.21
(the closer to 1, the stronger its impact on the trend).
(the closer to 1, the stronger its impact on the trend).
KBR Secures Contract for Engineering in Brazilian Oil Fields
September 6, 2024 (17:39)
Trend: Neutral
Influence: 0.1
The news of KBR winning an engineering deal in Brazil is likely to have a neutral effect on the GBP exchange rate. This is because the deal primarily involves American and Brazilian companies with limited direct impact on the UK's economy or its currency.
4 Stocks with Compelling Interest Coverage Ratios - Featuring H&R Block and Leidos Holdings
September 6, 2024 (17:29)
Trend: Somewhat-Bullish
Influence: 0.22
The news highlights the impact of strong sales and earnings performance in certain U.S. stocks, which can influence global market confidence. With a 'Somewhat-Bullish' sentiment for GBP, the market may perceive this as a positive signal for investments tied to the British economy, slightly strengthening the currency.
Top 4 Stocks with Strong Interest Coverage for Financial Stability
September 6, 2024 (12:45)
Trend: Somewhat-Bullish
Influence: 0.18
The positive sentiment towards companies with strong interest coverage potentially boosts investor confidence in the broader market, which can indirectly support the GBP. As these companies demonstrate the ability to meet their financial obligations, it builds a more stable investment environment, mildly fueling demand for GBP-linked assets.
STRL Upgrade to Strong Buy: Implications for Sterling Infrastructure Stock
September 5, 2024 (16:00)
Trend: Somewhat-Bullish
Influence: 0.34
The upgrade of Sterling Infrastructure to 'Strong Buy' suggests increased investor confidence, which can positively influence investor sentiment towards the GBP given the associated economic activities. As optimism grows for Sterling Infrastructure's earnings, this somewhat bullish sentiment can marginally strengthen the GBP exchange rate due to increased economic confidence.
Understanding the Interest Behind Sterling Infrastructure, Inc. (STRL)'s Stock Trends
September 5, 2024 (13:00)
Trend: Somewhat-Bullish
Influence: 0.15
The increased interest in Sterling Infrastructure (STRL) stock suggests positive market sentiment, which often correlates with a stronger GBP as foreign investments may flow into British assets. The 'Somewhat-Bullish' sentiment indicates optimism that could support the GBP exchange rate, reflecting confidence in related UK infrastructure developments.
STRL Stock Surges 44% Over One Year: A Profitable Opportunity?
August 29, 2024 (17:13)
Trend: Somewhat-Bullish
Influence: 0.24
The rally in STRL stock, as highlighted by its strong performance, suggests increased market confidence, which contributes to the somewhat-bullish sentiment on the GBP. This indicates that investors see potential for growth that can positively influence the currency's valuation.
Sterling & Wilson Secures GameChange Solar Tracker Supply for Major 750 MW Indian Project
August 27, 2024 (15:08)
Trend: Somewhat-Bullish
Influence: 0.28
The strengthening ties between Sterling & Wilson, an influential global renewable company, and GameChange Solar may have positive implications for the UK's exporter confidence and trade relations, indirectly bolstering GBP sentiment. The 'Somewhat-Bullish' sentiment indicates moderate market optimism regarding the GBP due to projected benefits in the renewable energy sector, highlighting international collaboration.
Comprehensive Analysis of News and Events influencing the USDGBP 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 US Dollar/Pound 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.
US Dollar / Pound Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Sep 11 | 0.7570 | 0.7534 | 0.7598 | 0.86 % |
| Sep 12 | 0.7592 | 0.7560 | 0.7637 | 1.01 % |
| Sep 13 | 0.7595 | 0.7555 | 0.7635 | 1.06 % |
| Sep 14 | 0.7587 | 0.7541 | 0.7617 | 1.00 % |
| Sep 15 | 0.7617 | 0.7602 | 0.7643 | 0.53 % |
| Sep 16 | 0.7581 | 0.7566 | 0.7613 | 0.63 % |
| Sep 17 | 0.7561 | 0.7540 | 0.7582 | 0.55 % |
| Sep 18 | 0.7574 | 0.7520 | 0.7592 | 0.97 % |
| Sep 19 | 0.7567 | 0.7549 | 0.7613 | 0.84 % |
| Sep 20 | 0.7607 | 0.7580 | 0.7636 | 0.73 % |
| Sep 21 | 0.7633 | 0.7614 | 0.7656 | 0.54 % |
| Sep 22 | 0.7607 | 0.7554 | 0.7638 | 1.11 % |
| Sep 23 | 0.7599 | 0.7573 | 0.7652 | 1.04 % |
| Sep 24 | 0.7598 | 0.7545 | 0.7624 | 1.05 % |
| Sep 25 | 0.7632 | 0.7589 | 0.7677 | 1.17 % |
| Sep 26 | 0.7615 | 0.7586 | 0.7663 | 1.02 % |
| Sep 27 | 0.7582 | 0.7558 | 0.7608 | 0.66 % |
| Sep 28 | 0.7607 | 0.7582 | 0.7653 | 0.93 % |
| Sep 29 | 0.7642 | 0.7608 | 0.7694 | 1.13 % |
| Sep 30 | 0.7640 | 0.7587 | 0.7684 | 1.28 % |
| Oct 01 | 0.7606 | 0.7581 | 0.7633 | 0.68 % |
| Oct 02 | 0.7593 | 0.7573 | 0.7630 | 0.75 % |
| Oct 03 | 0.7600 | 0.7547 | 0.7639 | 1.21 % |
| Oct 04 | 0.7547 | 0.7496 | 0.7567 | 0.95 % |
| Oct 05 | 0.7495 | 0.7478 | 0.7525 | 0.63 % |
| Oct 06 | 0.7510 | 0.7477 | 0.7551 | 1.00 % |
| Oct 07 | 0.7522 | 0.7473 | 0.7541 | 0.90 % |
| Oct 08 | 0.7499 | 0.7477 | 0.7521 | 0.60 % |
| Oct 09 | 0.7497 | 0.7460 | 0.7540 | 1.07 % |
| Oct 10 | 0.7475 | 0.7423 | 0.7504 | 1.09 % |
Target daily price USD/GBP
Target values of the USD/GBP currency pair as of 09-11-2024.
Optimistic target level: 0.7598
Pessimistic target level: 0.7534
Target values of the USD/GBP currency pair as of 09-12-2024.
Optimistic target level: 0.7637
Pessimistic target level: 0.7560
Target values of the USD/GBP currency pair as of 09-13-2024.
Optimistic target level: 0.7635
Pessimistic target level: 0.7555
Target values of the USD/GBP currency pair as of 09-14-2024.
Optimistic target level: 0.7617
Pessimistic target level: 0.7541
Target values of the USD/GBP currency pair as of 09-15-2024.
Optimistic target level: 0.7643
Pessimistic target level: 0.7602
US Dollar / Pound (USD/GBP) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct | 0.7431 | 0.7261 | 0.7567 | 4.05 % |
| Nov | 0.7428 | 0.7249 | 0.7561 | 4.12 % |
| Dec | 0.7431 | 0.7278 | 0.7580 | 3.98 % |
USD/GBP forecast for this year
Forecast of the USD/GBP pair for Oct 2024
Forecast of the USD/GBP pair for Nov 2024
Forecast of the USD/GBP pair for Dec 2024
US Dollar / Pound (USD/GBP) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.7317 | 0.7216 | 0.7435 | 2.95 % |
| Feb | 0.7278 | 0.7063 | 0.7483 | 5.61 % |
| Mar | 0.7299 | 0.7239 | 0.7521 | 3.74 % |
| Apr | 0.7231 | 0.7105 | 0.7333 | 3.10 % |
| May | 0.7213 | 0.7034 | 0.7432 | 5.36 % |
| Jun | 0.7143 | 0.6979 | 0.7329 | 4.77 % |
| Jul | 0.7050 | 0.6914 | 0.7171 | 3.58 % |
| Aug | 0.7147 | 0.7009 | 0.7358 | 4.74 % |
| Sep | 0.7309 | 0.7191 | 0.7393 | 2.74 % |
| Oct | 0.7418 | 0.7260 | 0.7653 | 5.14 % |
| Nov | 0.7325 | 0.7106 | 0.7475 | 4.93 % |
| Dec | 0.7316 | 0.7195 | 0.7435 | 3.23 % |
US Dollar / Pound (USD/GBP) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.7392 | 0.7191 | 0.7499 | 4.11 % |
| Feb | 0.7416 | 0.7183 | 0.7568 | 5.08 % |
| Mar | 0.7127 | 0.7012 | 0.7276 | 3.63 % |
| Apr | 0.7103 | 0.6941 | 0.7186 | 3.41 % |
| May | 0.7171 | 0.7027 | 0.7239 | 2.93 % |
| Jun | 0.7248 | 0.7074 | 0.7428 | 4.76 % |
| Jul | 0.7257 | 0.7035 | 0.7345 | 4.21 % |
| Aug | 0.7332 | 0.7182 | 0.7430 | 3.33 % |
| Sep | 0.7153 | 0.7069 | 0.7309 | 3.28 % |
| Oct | 0.7300 | 0.7238 | 0.7385 | 1.99 % |
| Nov | 0.7200 | 0.7109 | 0.7425 | 4.25 % |
| Dec | 0.6982 | 0.6812 | 0.7213 | 5.56 % |