# Forecast For The British Pound To Dollar Rate In The New Week | GBP/USD 10% Undervalued Today | Exchange Rates UK

> Sterling rallied late in the week of September 11 against the US dollar, closing at 1.3593 after starting at 1.3179. The move followed Bank of England minutes and comments that raised hopes of earlier rate increases. The pound recovered most but not all of its post-Brexit losses.

- Date: 2017-09-17 · published 2017-09-17T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/69213-forecast-for-the-british-pound-to-dollar-rate-in-the-new-week-gbp-usd-10
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A stronger pound on BoE tightening expectations lowers the sterling cost of dollar-priced feed ingredients for UK importers. This is a currency forecast with no direct effect on grain or livestock supply.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/19066/gbpusd-exchange-rate-news-and-five-day-currency-predictions-forecast.html

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