November 24, 2024 – Written by Frank Davies
STORY LINK Pound to Dollar Rate Week Ahead Forecast: USD Strength Tipped to Continue
HSBC expects that the Pound to Dollar (GBP/USD) exchange will edge lower to 1.24 by June 2024.
The bank is forecasting significant net dollar gains, but with GBP/USD losses contained by a Pound advance against the Euro.
UBS has scaled back its GBP/USD forecasts following the US election, but still expects gains to 1.33 by the middle of 2025.
The dollar posted further…
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