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5 forecasts for GBP/USD by year end (go on, have a guess which way)

The WSJ have summarised forecasts for cable in a neat graphic:

But, adds the Journal:

  • since the Brexit vote, sterling has defied expectations. Over the last month, the British currency climbed from as low as $1.289 to $1.331 ahead of the meeting. The drop on Thursday only weakened the pound to its lowest level in six trading days.

The full article is here and appears to be ungated. It has some of the reasoning used by the banks and is a useful summary of current thinking.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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