GBP/USD - Analysis, Outlook and Forecasts

GBP/USD (British Pound - US Dollar) outlook and forecast is presented by the team of ForexAbode's analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price-action of GBP/USD. The factors to analyze the outlook are geo-political news, fundamentals including major economic releases and technical factors but most importantly we focus on the price-action analysis.

 

The outlook reflects our views for short-term to mid-term movement. However, sometimes the analysis takes into account the price data which may span many years and have a longer-term view. This is also supported by our very popular chart alerts.

 

The weekly analysis includes the predictions for the next week's expected moves for the pound sterling and the US dollar. However, the forecast is not only limited to the coming week but is applicable for the overall expectations for the near-term. Apart from the weekly forecasts we also update GBP/USD daily technical analysis which presents our views about the price-action from short-term perspective.

 

You may also like to check the following resources for trading GBP/USD:

 

 

GBP/USD Weekly Outlook - Dec 18, 2011

Written By : ForexAbode.com || 2011-12-18 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: RICS Housing Price Balance: -17, positive as compared to the forecasts (-25) as well as the previous release (-24). 2. UK: Core CPI (YoY): 3.2%, negative as compared to the forecasts (3.3%) as well as the previous release (3.4%). 3. UK: CPI (YoY): 4.8%, same as the forecasts but less than the previous 5.0%.

GBP/USD Weekly Outlook - Dec 11, 2011

Written By : ForexAbode.com || 2011-12-11 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: PMI for Services: 52.1, positive as compared to the forecasts (50.7) as well as the previous release (51.3). 2. UK: Halifax House price Index (3 month over the year): -1.0% and hence better than the previous -1.8%.. The month on month data was -0.9% against previous 1.2%. 3.

GBP/USD Weekly Outlook - Dec 04, 2011

Written By : ForexAbode.com || 2011-12-04 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: CBI Distributive Trade Survey- Realized (MoM): -19%, negative as compared to the forecasts (-12%) as well as the previous release (-11%). 2. UK: Nationwide Housing prices (YoY): 1.6%, positive as compared to the forecasts (1.3%) as well as the previous release (0.8%). 3.

GBP/USD Weekly Outlook - Nov 27, 2011

Written By : ForexAbode.com || 2011-11-27 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: CPI (YoY): 5.0%, slightly negative as compared to the forecasts (5.1%) as well as the previous release (5.2%). The month on month data was 0.1% and less than the forecasts of 0.2% and previous release of 0.6%. 2. UK: DCLG House Price Index (YoY): -1.4%, negative as compared to the forecasts (1.7%) as well as the previous release (-1.3%). 3.

GBP/USD Weekly Outlook - Nov 20, 2011

Written By : ForexAbode.com || 2011-11-20 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: CPI (YoY): 5.0%, slightly negative as compared to the forecasts (5.1%) as well as the previous release (5.2%). The month on month data was 0.1% and less than the forecasts of 0.2% and previous release of 0.6%. 2. UK: DCLG House Price Index (YoY): -1.4%, negative as compared to the forecasts (1.7%) as well as the previous release (-1.3%). 3.

GBP/USD Weekly Outlook - Nov 13, 2011

Written By : ForexAbode.com || 2011-11-13 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: Manufacturing Production (YoY): 2.0%, positive as compared to the forecasts (1.9%) as well as the previous release (1.6%). 2. UK: Industrial Production: -0.7%, positive as compared to the forecasts (-0.8%) as well as the previous release (-0.9%). 3.

GBP/USD Weekly Outlook - Oct 30, 2011

Written By : ForexAbode.com || 2011-10-30 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: Current Account for Q2: -2.022 Billion Pounds, positive as compared to the forecasts (-9.200 Pound) as well as the previous release (-4.120 Pound). 2. UK: BBA Mortgage Approvals: 33.1K, negative as compared to the forecasts (36.3K) as well as the previous release (35.2K). 3.

GBP/USD Weekly Outlook - Oct 23, 2011

Written By : ForexAbode.com || 2011-10-23 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: GDP (QoQ) for Q2: 0.1% and negative as compared to the previous release (0.4%) as well as forecasts (0.2%). 2. UK: Total Business Investment (YoY): 3.8% which was quite better than the previous 2.7%. Same as the Quarter on Quarter data of 11.6% against the previous release of -3.2%. 3.

GBP/USD Weekly Outlook - Oct 16, 2011

Written By : ForexAbode.com || 2011-10-16 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: RICS Housing Price Balance: -23 and same as the previous release as well as forecasts. 2. UK: Manufacturing Production (YoY): 1.5%, negative as compared to the previous release (2.6%) as well as forecasts (1.6%). Same with month on month data. 3. UK: Industrial Production (YoY): -1.0%, better than the forecasts of -1.2% but slightly less than the previous release of -0.9%..

GBP/USD Weekly Outlook - Oct 09, 2011

Written By : ForexAbode.com || 2011-10-09 00:00:00 GMT

GBP/USD - Fundamentals (Recent economic releases): 1. UK: GDP (QoQ) for Q2: 0.1% and negative as compared to the previous release (0.4%) as well as forecasts (0.2%). 2. UK: Total Business Investment (YoY): 3.8% which was quite better than the previous 2.7%. Same as the Quarter on Quarter data of 11.6% against the previous release of -3.2%. 3.

Interest rate difference of GBP and USD

GBP to USD Interest Rates Comparison
(For Carry Trade)
Pound sterling (GBP) interest rate
0.50%
US dollar (USD) interest rate
0.25%
GBP/USD interest rate comparison
0.25%

 

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