# Pound to Dollar Forecast: GBP/USD Stalls at 1.35 Despite Hawkish BoE

> GBP/USD briefly tested 1.3500 after the Bank of England raised its policy rate by 25 basis points to 4%, but retreated to around 1.3460. The pound remained near a seven-week high as the dollar recovered some ground following losses after the US midterm election results.

- Date: 2026-11-08 · published 2026-11-08T21:09:28.390Z
- Category: macro · region United Kingdom · magnitude low
- Page: https://feedsoft.ai/events/87996-pound-to-dollar-forecast-gbp-usd-stalls-at-1-35-despite-hawkish-boe
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Currency moves can alter the local cost of imported feed and grain, but the article reports no direct change in agricultural supply or demand. A stronger pound versus the dollar could make dollar-priced imports cheaper for UK buyers.

## Read by commodity

- GBPUSD: neutral

## Sources

- currencynews.co.uk: https://www.currencynews.co.uk/forecast/20261108-47703_pound-to-dollar-forecast-gbp-usd-stalls-at-1-35-despite-hawkish-boe.html

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