XCD/GBP Price & Performance (XCDGBP)

The GBP/USD exchange rate has struggled to surpass the 1.30 mark, retreating to 1.2920. Market attention remains on US trade policy, with equity pressures persisting. Analysts suggest limited short-term dips for GBP, though broader risks of a decline to 1.26 loom amid ongoing global trade tensions.1

HSBC projects the GBP/USD rate to end 2025 at 1.23, slightly higher than earlier estimates but below current levels. The bank highlights global economic challenges and potential US recession risks while maintaining a cautious outlook on the UK economy. Dollar recovery is anticipated if economic sentiment stabilizes.2

Currency markets are grappling with uncertainty as US trade policy developments unfold. The Pound has shown resilience against the Euro and Dollar but remains vulnerable to shifts in global risk sentiment. Analysts warn of potential setbacks, with the GBP/USD possibly dipping to 1.26 before recovering later this year.12