# Pound-Dollar Week Ahead Forecast: Resetting Sights on 1.43 2018 High as Bond Market Dust Settles

> Sterling fell from three-year highs as a U.S. government bond sell-off spilled into global markets, prompting carry-trade unwinds. GBP/USD support was seen at 1.3820 with upside targets near 1.42 to 1.43.

- Date: 2021-02-28 · published 2021-02-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/48881-pound-dollar-week-ahead-forecast-resetting-sights-on-1-43-2018-high-as-bond
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A bond-driven risk-off move strengthens the dollar and pressures commodities broadly, though the effect on feed prices is indirect.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-10-06 | [Dollar set for 4th week of gains as markets scent higher rates \| Gold Eagle](https://feedsoft.ai/events/68663-dollar-set-for-4th-week-of-gains-as-markets-scent-higher-rates-gold-eagle.md) | -0.3% | +1.2% |
| DXY | 2023-10-27 | [Sterling set for weekly declines on dollar and euro, buffeted - Markets - Business Recorder](https://feedsoft.ai/events/33885-sterling-set-for-weekly-declines-on-dollar-and-euro-buffeted-markets-business.md) | -0.9% | -3.1% |
| DXY | 2024-11-14 | [Rising dollar and rain forecasts weigh on US wheat](https://feedsoft.ai/events/27444-rising-dollar-and-rain-forecasts-weigh-on-us-wheat.md) | -0.1% | -0.0% |
| DXY | 2023-03-08 | [The U.S. dollar bounces to 2023 high as Fed’s Powell signals higher rates - MarketWatch](https://feedsoft.ai/events/37056-the-u-s-dollar-bounces-to-2023-high-as-fed-s-powell-signals-higher-rates.md) | -0.4% | -1.9% |
| DXY | 2016-11-16 | [Dollar hits 14-year high as Trump-fuelled bond sell-off resumes](https://feedsoft.ai/events/9131-dollar-hits-14-year-high-as-trump-fuelled-bond-sell-off-resumes.md) | +0.6% | -0.0% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/15073-pound-dollar-week-ahead-forecast-resetting-sights-on-1-43-as-bond-market-dust-settles

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