Current Forecast of British Pound to US Dollar

Units: GBP per USD, Average of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for British Pound to US Dollar

DateForecast
Jan-181.3824
Feb-181.399
Mar-181.395
Apr-181.408
May-181.402
Jun-181.397
Jul-181.394

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.

The British Pound Sterling

The British pound sterling, or pound or GBP, is the official currency of the United Kingdom.  The pound sterling is the 4th most traded currency in the foreign exchange market, and is the 3rd most held reserve currency.