Jump to a section -> GBPEURUSDCentral BanksPoliticsBrexit

Five Benefits of Using a Broker

Whether it’s for business or pleasure, when you transfer your money abroad you want to ensure you’re getting the most amount of currency for your money. Here are five benefits to using a currency broker over another payment provider.

Read More

Latest GBP News

April 18, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound Sterling to Euro, US Dollar, Exchange Rate Forecast

While it all may be quiet on the Brexit front, economic data is coming back into focus. This means the British Pound exchange rates could be susceptible to weaker UK data and soften if the Eurozone or US produce impressive figures. However, the Pound is also waiting for any sign of Brexit developments, and headlines could create significant Sterling exchange rate movement.  Will Chinese Growth Help Struggling Eurozone and Boost Euro Exchange Rate? This week, Chinese data has impressed, showing a reversal in the downward trend seen at the end of 2018, and adds to recent signs that global economic growth is experiencing a turnaround. Germany's manufacturing slowdown has been primarily attributed to China, and so many hope that a pickup in the nation will help Germany too. Yesterday, German ZEW Surveys showed that at present, economic sentiment is remaining low. However, a positive came when it ...

Read More
April 13, 2019 7:38 am | Brexit, Central Banks, EUR, GBP, USD | by Ashleigh Fox

Pound Euro US Dollar Exchange Rate Forecast Week Ahead

The Pound Euro (GBP/EUR) and Pound US Dollar (GBP/USD) exchange rates could be in for some movement next week with a raft of influential data due out, including inflation, labour market, and manufacturing and services stats.   GBP - Labour Data in Focus for British Pound Exchange Rate The early hours of Monday morning kick-start the week of UK economic data with the latest Rightmove House Prices stat for April. March saw a 0.4% increase, but the annual figure noted a -0.8% contraction. Tuesday's likely to be an exciting day for British Pound exchange rate movement with the latest UK labour market data reaching markets. The Employment Change number is expected to come in at 173K in the three months through February on the year, slightly less than the previous 222K reading. Additionally, the rolling three-month Unemployment Rate is expected to increase from 3.9% to 4.0%. However, one ...

Read More
April 10, 2019 3:09 pm | EUR, GBP | by Ben Scott

Pound Climbs Against Euro as ECB Holds Rates

The Pound has been trading around 0.40% higher against the Euro (GBP/EUR) and Danish Krone (GBP/DKK) on Wednesday after UK data outperformed market expectations and the European Central Bank (ECB) kept interest rates on hold. The UK Industrial Production figure climbed out of contraction territory in February on the year, at 0.1% after January's -0.3%. Meanwhile, the UK Manufacturing Production reading also stepped into growth in February, coming in at 0.6% on the year after contracting by -0.7% in the month before. The ecostat shows a surge in stockpiling given the Brexit uncertainty currently in the UK and the possible threat to supply chains. Construction Output also made strides, surging from 2.2% to 3.3% in February on the year. UK GDP Climbs Above Forecasts, Pound Euro (GBP/EUR) Exchange Rate Strengthens Another figure to surprise was the UK's Monthly Gross Domestic Product (GDP) stat which came in at 0.2%, ...

Read More
April 9, 2019 11:05 am | AUD, Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rate Softens, IMF Warns of Two-Year Recession for No-Deal Brexit

The British Pound has been trending higher against the US Dollar (GBP/USD) in Tuesday's session, while trading lower against the Australian Dollar (GBP/AUD). It's crunch week for Brexit, meaning there could be some swift Sterling movements in the following sessions, as Theresa May attempts to find some way around the Brexit impasse by seeking an extension. Update: IMF Warn of UK Recession on No-Deal Brexit, and a Gloomy Global Outlook The International Monetary Fund (IMF) has said that the UK risks a two-year recession should a no-deal Brexit take place. However, the global economic outlook isn't so rosy either. IMF Chief Economist Gita Gopinath said: 'While the global economy continues to grow at a reasonable rate and a global recession is not in the baseline projections, there are many downside risks. Tensions in trade policy could flare up again and play out in other areas, such as ...

Read More
April 3, 2019 5:05 pm | GBP, USD | by Ashleigh Fox

GBP/USD Above 1.31, GBP/EUR Above 1.17

It's been a chaotic few weeks in British politics, and the Pound Sterling exchange rate has been volatile to news and developments. On Wednesday, the British Pound to US Dollar (GBP/USD) exchange rate reached highs of 1.3196, pushing towards the 1.32 level. Meanwhile, the Pound to Euro (GBP/EUR) currency pair hit levels of 1.1760. US Dollar Exchange Rate Weakened by ADP Employment Change Data The ADP Employment Change stat is often seen as a precursor to the US Non-Farm Payrolls figure which prints just a few days later. Today's reading came in at a disappointing 18-month low, with only 129K new jobs created in March. Markets had expected a 170K figure, and it's possible Non-Farm Payroll expectations will be revised down as a result. At the moment, 175K new jobs are expected in March on the year, following the incredibly surprising 20K figure the month before--despite 180K ...

Read More
View All GBP News

Latest Video Content

January 11, 2019 10:43 am | Brexit, GBP, Video | by Ashleigh Fox

Pound Sterling Exchange Rate Forecast: UK Economic Growth Hits Six-Month Low

The Pound exchange rate has been in a tight range against the US Dollar (GBP/USD) and Euro (GBP/EUR) on Friday morning, despite news that UK economic growth had hit a six-month low. The UK registered a 0.3% increase in growth in the three months through November, slightly lower than the previous 0.4% reading. Economic growth ...

Read More
June 19, 2018 12:20 pm | GBP, USD, Video | by Ashleigh Fox

Pound to US Dollar Hits Lowest Level Since November as Exchange Rates Fall on Uncertainty

The Pound to US Dollar (GBP/USD) exchange rate hit a seven-month low on Tuesday as US/China trade war fears and Brexit uncertainty spooked markets. The GBP/USD exchange rate hit lows of 1.3158 - the weakest level seen since November 2017. It's not just the Pound taking a beating, other major currencies have been declining against ...

Read More
View All Video News

Latest USD News

April 18, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound Sterling to Euro, US Dollar, Exchange Rate Forecast

While it all may be quiet on the Brexit front, economic data is coming back into focus. This means the British Pound exchange rates could be susceptible to weaker UK data and soften if the Eurozone or US produce impressive figures. However, the Pound is also waiting for any sign of Brexit developments, and headlines could create significant Sterling exchange rate movement.  Will Chinese Growth Help Struggling Eurozone and Boost Euro Exchange Rate? This week, Chinese data has impressed, showing a reversal in the downward trend seen at the end of 2018, and adds to recent signs that global economic growth is experiencing a turnaround. Germany's manufacturing slowdown has been primarily attributed to China, and so many hope that a pickup in the nation will help Germany too. Yesterday, German ZEW Surveys showed that at present, economic sentiment is remaining low. However, a positive came when it ...

Read More
April 13, 2019 7:38 am | Brexit, Central Banks, EUR, GBP, USD | by Ashleigh Fox

Pound Euro US Dollar Exchange Rate Forecast Week Ahead

The Pound Euro (GBP/EUR) and Pound US Dollar (GBP/USD) exchange rates could be in for some movement next week with a raft of influential data due out, including inflation, labour market, and manufacturing and services stats.   GBP - Labour Data in Focus for British Pound Exchange Rate The early hours of Monday morning kick-start the week of UK economic data with the latest Rightmove House Prices stat for April. March saw a 0.4% increase, but the annual figure noted a -0.8% contraction. Tuesday's likely to be an exciting day for British Pound exchange rate movement with the latest UK labour market data reaching markets. The Employment Change number is expected to come in at 173K in the three months through February on the year, slightly less than the previous 222K reading. Additionally, the rolling three-month Unemployment Rate is expected to increase from 3.9% to 4.0%. However, one ...

Read More
April 9, 2019 11:05 am | AUD, Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rate Softens, IMF Warns of Two-Year Recession for No-Deal Brexit

The British Pound has been trending higher against the US Dollar (GBP/USD) in Tuesday's session, while trading lower against the Australian Dollar (GBP/AUD). It's crunch week for Brexit, meaning there could be some swift Sterling movements in the following sessions, as Theresa May attempts to find some way around the Brexit impasse by seeking an extension. Update: IMF Warn of UK Recession on No-Deal Brexit, and a Gloomy Global Outlook The International Monetary Fund (IMF) has said that the UK risks a two-year recession should a no-deal Brexit take place. However, the global economic outlook isn't so rosy either. IMF Chief Economist Gita Gopinath said: 'While the global economy continues to grow at a reasonable rate and a global recession is not in the baseline projections, there are many downside risks. Tensions in trade policy could flare up again and play out in other areas, such as ...

Read More
April 3, 2019 5:05 pm | GBP, USD | by Ashleigh Fox

GBP/USD Above 1.31, GBP/EUR Above 1.17

It's been a chaotic few weeks in British politics, and the Pound Sterling exchange rate has been volatile to news and developments. On Wednesday, the British Pound to US Dollar (GBP/USD) exchange rate reached highs of 1.3196, pushing towards the 1.32 level. Meanwhile, the Pound to Euro (GBP/EUR) currency pair hit levels of 1.1760. US Dollar Exchange Rate Weakened by ADP Employment Change Data The ADP Employment Change stat is often seen as a precursor to the US Non-Farm Payrolls figure which prints just a few days later. Today's reading came in at a disappointing 18-month low, with only 129K new jobs created in March. Markets had expected a 170K figure, and it's possible Non-Farm Payroll expectations will be revised down as a result. At the moment, 175K new jobs are expected in March on the year, following the incredibly surprising 20K figure the month before--despite 180K ...

Read More
March 26, 2019 8:16 am | Brexit, EUR, GBP, USD | by Lauren Bessent

British Pound Volatile on Brexit, UK Mortgage Approvals Slump

Last night, the British Pound rose against the Euro (GBP/EUR) as parliament took control of Brexit. There are indicative votes scheduled for Wednesday, which will help to determine how the UK leaves the EU. This may open the door for a second referendum or even cancelling Brexit. It could also see the UK leave the EU without a deal, or the potential to remain in the customs union.  The idea was put forward by Oliver Letwin, once a Conservative MP, and 30 other Tory MPs rebelled against Theresa May to vote for his amendment. MPs backed it with 329 votes to 302. Richard Harrington, Alistair Burt, and Steve Brine resigned to vote for the amendment. Letwin said: 'It's essential we should be able to look at all the serious options, not wild unicorns, but things we could actually do to carry this process forward. We should allow ourselves ...

Read More
View All USD News

Latest EUR News

April 18, 2019 6:00 am | EUR, GBP, USD | by Lauren Bessent

Pound Sterling to Euro, US Dollar, Exchange Rate Forecast

While it all may be quiet on the Brexit front, economic data is coming back into focus. This means the British Pound exchange rates could be susceptible to weaker UK data and soften if the Eurozone or US produce impressive figures. However, the Pound is also waiting for any sign of Brexit developments, and headlines could create significant Sterling exchange rate movement.  Will Chinese Growth Help Struggling Eurozone and Boost Euro Exchange Rate? This week, Chinese data has impressed, showing a reversal in the downward trend seen at the end of 2018, and adds to recent signs that global economic growth is experiencing a turnaround. Germany's manufacturing slowdown has been primarily attributed to China, and so many hope that a pickup in the nation will help Germany too. Yesterday, German ZEW Surveys showed that at present, economic sentiment is remaining low. However, a positive came when it ...

Read More
April 13, 2019 7:38 am | Brexit, Central Banks, EUR, GBP, USD | by Ashleigh Fox

Pound Euro US Dollar Exchange Rate Forecast Week Ahead

The Pound Euro (GBP/EUR) and Pound US Dollar (GBP/USD) exchange rates could be in for some movement next week with a raft of influential data due out, including inflation, labour market, and manufacturing and services stats.   GBP - Labour Data in Focus for British Pound Exchange Rate The early hours of Monday morning kick-start the week of UK economic data with the latest Rightmove House Prices stat for April. March saw a 0.4% increase, but the annual figure noted a -0.8% contraction. Tuesday's likely to be an exciting day for British Pound exchange rate movement with the latest UK labour market data reaching markets. The Employment Change number is expected to come in at 173K in the three months through February on the year, slightly less than the previous 222K reading. Additionally, the rolling three-month Unemployment Rate is expected to increase from 3.9% to 4.0%. However, one ...

Read More
April 10, 2019 3:09 pm | EUR, GBP | by Ben Scott

Pound Climbs Against Euro as ECB Holds Rates

The Pound has been trading around 0.40% higher against the Euro (GBP/EUR) and Danish Krone (GBP/DKK) on Wednesday after UK data outperformed market expectations and the European Central Bank (ECB) kept interest rates on hold. The UK Industrial Production figure climbed out of contraction territory in February on the year, at 0.1% after January's -0.3%. Meanwhile, the UK Manufacturing Production reading also stepped into growth in February, coming in at 0.6% on the year after contracting by -0.7% in the month before. The ecostat shows a surge in stockpiling given the Brexit uncertainty currently in the UK and the possible threat to supply chains. Construction Output also made strides, surging from 2.2% to 3.3% in February on the year. UK GDP Climbs Above Forecasts, Pound Euro (GBP/EUR) Exchange Rate Strengthens Another figure to surprise was the UK's Monthly Gross Domestic Product (GDP) stat which came in at 0.2%, ...

Read More
April 9, 2019 11:05 am | AUD, Brexit, EUR, GBP, USD | by Lauren Bessent

Pound Exchange Rate Softens, IMF Warns of Two-Year Recession for No-Deal Brexit

The British Pound has been trending higher against the US Dollar (GBP/USD) in Tuesday's session, while trading lower against the Australian Dollar (GBP/AUD). It's crunch week for Brexit, meaning there could be some swift Sterling movements in the following sessions, as Theresa May attempts to find some way around the Brexit impasse by seeking an extension. Update: IMF Warn of UK Recession on No-Deal Brexit, and a Gloomy Global Outlook The International Monetary Fund (IMF) has said that the UK risks a two-year recession should a no-deal Brexit take place. However, the global economic outlook isn't so rosy either. IMF Chief Economist Gita Gopinath said: 'While the global economy continues to grow at a reasonable rate and a global recession is not in the baseline projections, there are many downside risks. Tensions in trade policy could flare up again and play out in other areas, such as ...

Read More
March 26, 2019 8:16 am | Brexit, EUR, GBP, USD | by Lauren Bessent

British Pound Volatile on Brexit, UK Mortgage Approvals Slump

Last night, the British Pound rose against the Euro (GBP/EUR) as parliament took control of Brexit. There are indicative votes scheduled for Wednesday, which will help to determine how the UK leaves the EU. This may open the door for a second referendum or even cancelling Brexit. It could also see the UK leave the EU without a deal, or the potential to remain in the customs union.  The idea was put forward by Oliver Letwin, once a Conservative MP, and 30 other Tory MPs rebelled against Theresa May to vote for his amendment. MPs backed it with 329 votes to 302. Richard Harrington, Alistair Burt, and Steve Brine resigned to vote for the amendment. Letwin said: 'It's essential we should be able to look at all the serious options, not wild unicorns, but things we could actually do to carry this process forward. We should allow ourselves ...

Read More
View All EUR News

Charts

chart
chart
View All Charts

Currency Insights

Understanding Exchange Rates

Learn why exchange rates fluctuate, and how market movements could affect your currency transfer.

View

Global Reach's Quarterly Update

Download the latest quarterly exchange rate forecast to find out what could impact your currency transfer.
View