Pound to Dollar Forecast: Hawkish Fed Drives Sterling to November Lows
Modified: Thursday, 12 November 2026 17:31 BST – Written by James Fuller STORY LINK Pound to Dollar Forecast: Hawkish Fed Drives Sterling to November Lows The Pound to Dollar exchange rate (GBP/USD) fell to fresh November lows near 1.3250 as stronger-than-expected US inflation and increasingly hawkish Federal Reserve commentary drove Treasury yields sharply higher. …