Close Menu
What The FinanceWhat The Finance
    What's Hot

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Capital One-Discover Merger Reshaping the Credit Card Industry

    April 24, 2025

    Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

    April 15, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Facebook YouTube
    What The FinanceWhat The Finance
    Donate
    • NewsWire

      Capital One-Discover Merger Reshaping the Credit Card Industry

      April 24, 2025

      Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

      April 15, 2025

      Breaking Down the U.S. Budget

      February 14, 2025

      The Financial Impact of Mizotakis Resigning in Greece

      February 1, 2025

      Incoming US President Shocks with $TRUMP Memecoin Launch

      January 18, 2025
    • Bitcoin

      The Rise of State-Level Strategic Bitcoin Reserves

      February 19, 2025

      How Oklahoma is Embracing Bitcoin with Legislation

      January 15, 2025

      Without Bitcoin: A Grim Vision of the Financial Future

      January 6, 2025

      Rumble Video Creators to Be Paid in Bitcoin

      December 24, 2024

      French Politician Advocates for EU Bitcoin Reserve

      December 17, 2024
    • Crypto

      The DAO Governance Battle Between Corporations & Blockchain Rebels

      October 25, 2024

      Altcoin Season Coming to an End? BTC Dominance & Institutions

      September 27, 2024

      Is Tether a $118 Billion Dollar Scandal Waiting to Happen?

      September 18, 2024

      Uncovering North Korean IT Workers in DeFi Scam

      August 16, 2024

      Navigating the Crypto Market: Avoiding Liquidation & Bull Traps

      July 24, 2024
    • Stocks

      NASDAQ 100 Welcomes Bitcoin Through MicroStrategy

      December 14, 2024

      Master the Time Value of Money Financial Concept

      December 9, 2024

      MicroStrategy Convertible Debt Expansion Sparks Stock Surge

      November 21, 2024

      Financial Ratios Guide to Measuring Business Performance

      November 18, 2024

      The Highest Paid CEOs of 2024

      October 1, 2024
    • Global Economy

      Whistleblowers Unmask Schwab’s Toxic WEF Secrets

      April 25, 2025

      Tariff Tensions Drive Market Volatility

      April 9, 2025

      Red in Name Only: Labour’s War on the UK Working Class

      March 18, 2025

      AI, Robotics & the Future of Cheap Production

      January 20, 2025

      Can Milei Inflation Gamble Hurt Argentina’s Future?

      January 13, 2025
    • TradFi
      • Investment Ideas
      • Forex
      • Commodities
      • Best Deals
    • Markets
      • Cryptocurrency Prices
      • Fear & Greed Index
      • World Market Indices
      • US Stock Market
      • Live Forex Rates
      • S&P 500
      • Gold
    What The FinanceWhat The Finance
    Home»Forex»Can the British Pound Rise Against the US Dollar?
    british pound gpb vs us dollar
    Forex

    Can the British Pound Rise Against the US Dollar?

    April 28, 2023No Comments2 Mins Read
    Share
    Twitter Facebook Reddit LinkedIn Telegram

    Could the British Pound rise again against the US Dollar? This comes after a record low in the fall of 2022, when global investors reacted negatively against budget plans by former (and short-lived) Prime Minister Liz Truss, causing an unexpected fast crash in the British currency.

    Market Trends and Trading Volumes

    Despite the initial fall, the British Pound has been performing strongly against every other major currency so far this year. According to CNN Business, the British Pound has been beating every other major currency this year, which could indicate a positive trend for GBP against USD as well. This high demand could lead to an increase in trading volumes and boost the value of the Pound.

    GBPUSD chart by TradingView

    Regulatory Changes and Political Events

    There are several factors that could potentially contribute to the rise of British Pound against US Dollar in the near future. One of them is regulatory changes. According to Forbes, there have been talks about implementing new regulations to reduce the risk of money laundering in the UK, which could increase the confidence of investors and strengthen the value of the Pound.

    Another important factor is political events. As reported by the Financial Times, the Sterling hit a 10-month high as recession fears begin to ease. This could be due to a sense of optimism surrounding the country’s post-pandemic recovery plan, which will allow businesses to reopen and resume operations. Overall, these factors could help improve the demand for the British Pound and therefore increase its value against USD.

    Impact on Supply and Demand of GBP

    Finally, the supply and demand of GBP also play a key role in its value against USD. The US Federal Reserve recently announced a plan to keep interest rates low until inflation picks up, which could lead to a weaker demand for USD. Meanwhile, if the UK economy continues to improve, demand for GBP could increase globally, leading to a potential rise in value.

    The Resurgence of the British Pound

    Several factors could potentially contribute to the rise of British Pound against US Dollar in the near future. While the initial fall in value caused by political events was significant, strong performance against other currencies and the gradual improvement of political and economic conditions in the UK suggest that there may be opportunities for investors to take advantage of potential growth in the British currency.

    Author Profile

    Lucy Walker
    Lucy Walker
    Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
    Latest entries
    • April 25, 2025Global EconomicsWhistleblowers Unmask Schwab’s Toxic WEF Secrets
    • April 9, 2025Global EconomicsTariff Tensions Drive Market Volatility
    • March 18, 2025Global EconomicsRed in Name Only: Labour’s War on the UK Working Class
    • March 7, 2025SatoshiCraig Wright Banned from UK Courts with Civil Restraint Order
    Share. Twitter LinkedIn Telegram Reddit Facebook
    Previous ArticleTwitter Verified Organizations Will Set You Back $12,000 A Year
    Next Article Is Bitcoin Going to Break the $30k Barrier Again?

    Related Posts

    Decoding The Value of Dow Jones FXCM Dollar Index

    July 29, 2024Updated:July 31, 2024

    Saudi Arabia’s Geopolitical Moves & Impact on US Dollar

    June 24, 2024

    As Pound Depreciates, Fuel Prices Rise in Egypt

    March 23, 2024
    Add A Comment
    Leave A Reply

    Stock Ticker
    • Loading stock data...

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Capital One-Discover Merger Reshaping the Credit Card Industry

    April 24, 2025

    Michael Saylor’s Strategy New $286 Million Bitcoin Purchase

    April 15, 2025

    Tariff Tensions Drive Market Volatility

    April 9, 2025
    Categories
    • Best Deals
    • Bitcoin
    • Commodities
    • Crypto
    • Forex
    • Global Economics
    • Investment Ideas
    • NewsWire
    • Satoshi
    • Stock Market
    Recent Comments
    • Bitcoin Grandad on The Aftermath: Craig Wright, BSV & nChain in Crisis
    • Peter Williamson on SUI: A Rising Force in the Blockchain World
    • Peter Williamson on Robotics Revolution 2024: A Guide to 16 Industry Leaders
    Also Check Out

    Craig Wright Banned from UK Courts with Civil Restraint Order

    March 7, 2025

    The Rise of State-Level Strategic Bitcoin Reserves

    February 19, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your source for financial news. This is not financial advice. Our opinions are independent of any financial organizations.

    2007 - 2023 | What The Finance Magazine

    We're social. Connect with us:

    Facebook X (Twitter) Instagram YouTube LinkedIn TikTok
    Top Insights

    Whistleblowers Unmask Schwab’s Toxic WEF Secrets

    April 25, 2025

    Tariff Tensions Drive Market Volatility

    April 9, 2025

    Red in Name Only: Labour’s War on the UK Working Class

    March 18, 2025
    Categories
    • Best Deals
    • Bitcoin
    • Commodities
    • Crypto
    • Forex
    • Global Economics
    • Investment Ideas
    • NewsWire
    • Satoshi
    • Stock Market
    Pages
    • About
    • Advertise
    • Get In Touch
    • Markets
    • Privacy Policy
    • Donate
    • Trending Articles

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok