Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER
     

    USD to GBP 2024 Forecasts

    Analysis of recent Dollar → Sterling forecasts for 2024. We collate forecasts from respected FX analysts together with the latest US dollar to Pound Sterling performance and trends.

     

    Forecasts for USD to GBP

     

    Recent forecasts for the USD to GBP exchange rate suggest a mixed outlook based on key economic indicators and events influencing both currencies. The US dollar (USD) has faced challenges, with disappointing retail sales data and concerns over slowing economic growth leading to speculation of a potential Federal Reserve interest rate cut later in the year. Despite some weakness, the USD has remained relatively stable, with markets closely monitoring upcoming reports on inflation and job growth.

    On the other hand, the British pound (GBP) has been pressured by cooling grocery prices and the possibility of a summer interest rate cut from the Bank of England (BoE). While recent CPI data showing inflation easing to the BoE's target rate could further weaken Sterling, the pound saw some strength in May due to diminishing expectations of a rate cut. However, analysts predict downward pressure on the GBP in the second half of the year, with forecasts projecting a fall to $US1.20 or even $US1.15.

    The current USD to GBP exchange rate at 0.7868 is just slightly below its 3-month average, trading within a stable range. With the potential for market-moving events such as inflation rate data releases and central bank decisions on the horizon, investors and businesses dealing with USD to GBP transactions should closely monitor these developments to make informed decisions and potentially save on international transactions.

     
    @bestfxrates : Mixed signals for USD/GBP as Fed and BoE decisions loom. USD stability threatened by poor retail sales, while GBP braces for summer rate cut amid easing inflation. Current rate at 0.7868, watch for inflation data to guide Forex moves. #forex #USDBGP #currencyupdate

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Loading rates...

       
     
     

    USD to GBP Market Data

    US dollar (USD) to Pound Sterling (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 USD =
    0.7897We compare provider deals to this wholesale mid-market rate. Read more
    GBP
    -0.1%
    1M
    USD to GBP at 0.7861 is just 0.8% below its 3-month average of 0.7927, having traded in a very stable 3.7% range from 0.7808 to 0.8097
    |
    Sell USD   →   Buy GBP
    My Rates

    Manage My Rates   


    Compare & Save - US dollar to Pound Sterling

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare US dollar (USD) to Pound Sterling (GBP) rates from different sources before making a conversion.

    Use our USD to GBP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Dollar to Sterling currency rates and the possible savings of using various providers.

     
    DateUSD/GBPChangePeriod
    05 Jun 2024
    0.7816
    0.6% 2 Week
    21 Mar 2024
    0.7899
    0.5% 3 Month
    20 Jun 2023
    0.7833
    0.4% 1 Year
    21 Jun 2019
    0.7848
    0.2% 5 Year
    22 Jun 2014
    0.5875
    33.8% 10 Year
    24 Jun 2004
    0.5494
    43.1% 20 Year
    USD/GBP historic rates & change to 19-Jun-2024
     

    Will the US dollar rise against the Pound Sterling?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add USD/GBP to your personalised Rate Tracker to track and benefit from currency movements.

     
    Track Rate
     

    Manage My Rates   

     

    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the Pound Sterling.

     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more