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GBP/USD Forecast: Pound Sterling Falls as Strong US PMI Boosts Dollar

The Pound US Dollar (GBP/USD) exchange rate extended its recent decline on Wednesday, falling to its weakest level since late July as stronger US economic data reinforced expectations of further Federal Reserve tightening.
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During Friday's dealings, the pound of sterling settled near its lowest levels since June 29th in front of the dollar, moving towards a weekly loss of 1.2%, the largest since May. The article stabilizes the pound of sterling near its lowest levels in three months, written in the Stock Exchange.

The GBP/USD exchange rate drops to USD 1.32, at least for about three months, between a dollar supported by the Hawkish words of number three of the Fed and fears about British public accounts on the eve of the Autumn Budget. Currencies / Pound (GBP), GBP/USD (sterling/dollar)

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bipns.com broke the news on Wednesday, September 23, 2026.
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