# Outlook For Pound To Dollar Exchange Rate - Where Next For GBP Against USD? | Exchange Rates UK

> Sterling's rally against the dollar was cut short after the Bank of England struck a dovish tone in its forward guidance, raising doubts about a 2022 rate hike. GBP/USD closed the week near $1.3908.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/46824-outlook-for-pound-to-dollar-exchange-rate-where-next-for-gbp-against-usd
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Routine currency commentary on sterling after a central bank decision has little direct bearing on feed commodity supply, demand or prices.

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/33299/2021-06-28-outlook-for-pound-to-dollar-exchange-rate-where-next-for-gbp-against-usd.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.