GBP to USD Forecasts

British Pound Sterling to US dollar bank forecasts

After dropping to US$1.27 towards the end of September the pound has steadily risen to its year highs touching US$1.37 in mid January on the resolution to the Brexit uncertainty.

This proves currency analysts correct who had predicted the currency could trade above $1.35 if the EU and UK managed to do a deal, a much better result for Sterling than the predictions for a no-deal outcome, where the pound was seen dropping to about $1.25.

NAB have revised upwards their pound sterling forecasts now expecting the GBP/USD rate to be at US$1.47 by June 2022, up from their previous forecast of US$1.39. For 2020, it sees GBP at US$1.36 by year-end, up from a predicted US$1.30.

A Brexit deal having been reached, the success or otherwise of Britain and the European countries in fighting the pandemic will dominate GBP and EUR trends and forecasts in 2020.

You can read more about GBP cross-rate forecasts here GBP Trends and Forecasts for 2020.

GBP to USD Exchange Rates – Compare and Save

What is a good GBP to USD exchange rate?

Whether the US dollar will rise or drop in the future against the pound is a difficult question and the answer really depends on many factors. The best way to consider the current GBP-USD relative value is to check the change in the exchange over a range of periods to the present day. The below table does this for periods going back 10 years.