# Pound-to-Dollar Outlook: GBP/USD Exchange Rate Slides As US Payrolls Beat Expectations

> Sterling steadied against the dollar after US January payrolls rose 304,000, well above expectations of 165,000. The pound had earlier been hit by a weak UK manufacturing PMI. Brexit no-deal risk remains a key concern.

- Date: 2019-01-31 · published 2019-01-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/61331-pound-to-dollar-outlook-gbp-usd-exchange-rate-slides-as-us-payrolls-beat
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A strong US jobs print supports the dollar, which tends to pressure dollar-denominated grain and feed prices while lifting import costs for dollar-priced feed in the UK.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-08 | [Outlook For Pound US Dollar Exchange Rate: GBP/USD Sinks On Fed And BoE Decisions](https://feedsoft.ai/events/44295-outlook-for-pound-us-dollar-exchange-rate-gbp-usd-sinks-on-fed-and-boe-decisions.md) | +0.5% | +1.6% |
| DXY | 2017-10-29 | [Pound To Dollar Exchange Rate Outlook: BoE And FOMC Meetings Ahead \| Exchange Rates UK](https://feedsoft.ai/events/68719-pound-to-dollar-exchange-rate-outlook-boe-and-fomc-meetings-ahead-exchange.md) | -0.2% | -1.6% |
| DXY | 2019-08-01 | [British Pound To US Dollar (GBP/USD) Exchange Rate Hits New Post-2017 Worst As Bank Of England Cuts UK Growth Outlook \| Exchange Rates UK](https://feedsoft.ai/events/57848-british-pound-to-us-dollar-gbp-usd-exchange-rate-hits-new-post-2017-worst-as.md) | +1.1% | +2.1% |
| DXY | 2025-04-30 | [GBP/USD breaks below 1.3400 due to stronger US Dollar, BoE rate cut expectations — Octa](https://feedsoft.ai/events/25377-gbp-usd-breaks-below-1-3400-due-to-stronger-us-dollar-boe-rate-cut-expectations.md) | -0.5% | -0.5% |
| DXY | 2019-11-27 | [AUD/USD: Dollar Rallies As US GDP Beats Expectations - Currency Live](https://feedsoft.ai/events/56326-aud-usd-dollar-rallies-as-us-gdp-beats-expectations-currency-live.md) | -0.3% | -1.6% |

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/24517/pound-us-dollar-exchange-rate-rangebound-as-us-jobless-claims-increase.html

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