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Market Commentary  27568
January, 2018 Data:

The 12 month forecast for the British Pound is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the British
Pound will be roughly 0.73 British Pounds to the USD. The table shows a
HDTFA of 0.06 which suggests that the February, 2019 currency exchange rate
could easily fall between 0.79 and 0.67 GBP/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.

All data and calculations on this page are based on the average daily rate per
calendar month for GBP/USD.

HISTORICAL EXCHANGE RATE SUMMARY: GBP/USD
Average (Last 12 Months)         0.77
Average (Last 10 Years)           0.65
High (Last 12 Months)              0.81   (March, 2017)
Low (Last 12 Months)               0.72   (January, 2018)
High (Since February, 1972)      0.91   (February, 1985)
Low (Since February, 1972)       0.41   (October, 1980)

The British Pound exchange rate for January, 2018 averaged 0.72 GBP to
USD. That's 2.3 basis points lower than the December, 2017 rate of 0.75, and
8.5 basis points lower than the January, 2017 rate of 0.81.  The fall in the
GBP/USD exchange rate from December to January provides evidence that the
short term trend in GBP/USD is down. In other words, a weakening of the US
Dollar against the British Pound in the short term. If that trend continues in the
currency market, we should see an average daily rate in February, 2018 that is
close to 0.70.

The average British Pound conversion rate over the last 12 months was 0.77.
The average rate over the last 10 years was 0.65.  A Higher British Pounds to
US Dollars exchange rate over the last 12 months compared to the average
rates over the last 10 years serve as an indicator that the long term trend in
GBP/USD is up (strengthening US Dollar against the British Pound).

The highest currency rate for GBP/USD over the last 12 months was 0.81. The
lowest was 0.72. The market high was attained in March, 2017. The market low
was achieved in January, 2018.

Forecast-Chart.com's historical research covers British Pound data back to
February, 1972. The average exchange value during that period of history was
0.62 GBP/USD. The highest rate was 0.91. The lowest was 0.41.  The market
high was attained in February, of 1985. The market low was achieved in
October of 1980. Recent rates experienced in January of 2018 are high relative
to the historical 0.62 average.

This page provides a five year chart and a forecast for the British Pound. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
British Pound. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the British Pound. Rate data is
presented on an annual basis.



















Data Source: Board of Governors of the Federal Reserve System (US), U.S. /
U.K. Foreign Exchange Rate [EXUSUK], retrieved from FRED, Federal Reserve
Bank of St. Louis; https://fred.stlouisfed.org/series/EXUSUK

SignalTrend  Inc. 2008 - 2018; All rights reserved.








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British Pounds per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened,
causing...
British Pound to US Dollar (GBP to USD) - 5 Year History
.55
.60
.65
.70
.75
British Pound Forecast
Recent Currency Exchange Rates
.80
.85
Historical British Pound Rate (GBP)
Year
GBP/USD
Year
GBP/USD
Year
GBP/USD
Year
GBP/USD
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
0.40
0.41
0.43
0.45
0.56
0.57
0.52
0.47
0.43
0.50
0.57
0.66
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
0.75
0.78
0.68
0.61
0.56
0.61
0.56
0.57
0.57
0.67
0.65
0.63
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
0.64
0.61
0.60
0.62
0.66
0.69
0.67
0.61
0.55
0.55
0.54
0.50
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
0.55
0.64
0.65
0.62
0.63
0.64
0.61
0.65
0.74
0.78
Average annual currency exchange rate for the British Pound (British Pounds per U.S.
Dollar) is shown in this table: 1971 to present.
Forecast & Current Analysis: British Pound (GBP)
1/14
1/2015
1/2016
1/2017
1/2018
1/2019
1/2020
1/21
British Pound Currency Exchange Rate Forecast
   
Target Month:
Forecast:
HDTFA:
February,2019
0.73
0.06
 
Forecast for the currency exchange rate of the British Pound for the target
month indicated, shown in Pounds per US Dollars (GBPUD/USD). See
commentary below.