pound currency forecast | BTCC Info Hub

pound currency forecast pepe unchain Bnb Eth XRP Bitcoin crypto futures coinbase futures

What is the pound-to-dollar exchange rate forecast?

In six months the Pound-to-Dollar exchange rate is forecast to trade at 1.2848 (Q4 2024), 0.68% higher compared to today's price. In nine months the expected rate is at 1.2747 (Q1 2025), 0.11% lower. Longer-term outlook: Is the Pound going to strengthen or weaken against the Dollar in the coming years?

What's going on with the pound to dollar exchange rate?

The Pound to Dollar exchange rate's technical setup has broken down, and further weakness is likely in a week dominated by the release of the U.S. PCE inflation report. With UK inflation not offering much direction for the Pound to Dollar, all eyes now turn to the Federal Reserve policy update, due at 18:00 UK time.

Is the pound to dollar exchange rate in a short-term uptrend?

The Pound to Dollar exchange rate has entered a short-term uptrend that can extend over the coming days, particularly if UK service inflation figures disappoint on Wednesday.

How To Withdraw Money From Binance In Canada: A Useful Guide For 20252025-01-09 17:10:26In May 2023, Binance, a prominent global cryptocurrency […]

How To Use Pi Network’s Mainnet In Canada: An Ultimate Guide In 20252025-01-06 11:57:05As one of the most innovative blockchain projects, Pi N […]

Best Ethereum ETFs In Canada For 20252025-01-03 10:00:21Discover the top Ethereum ETFs in Canada for 2024, including a comprehensive guide on what Ethereum ETFs are and how they work. Learn about the evolving investments in Ether ETFs like ETHR and CI Galaxy’s ETHX, as well as the purpose and benefits of investing in ETHH. Stay ahead of the curve with our curated list of top Ethereum ETFs for Canadian investors.