April 21, 2024 – Written by David Woodsmith
Leave a comment STORY LINK Pound to Dollar Week Ahead Outlook: Latest GBP/USD Forecast Ranges
Currency exchange analysts at Barclays Bank forecast the Pound to Dollar (GBP/USD) exchange rate will weaken to 1.21 in the short term outlook.
The shift in US interest rate expectations has continued to take its toll on GBP/USD forecasts with Danske, for example, forecasting 1.16 on a 12-month view.
GBP/USD dipped to 5-month lows below 1.24 during the week and rallies faded quickly.
Interest rate expectations…
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