January 19, 2025 – Written by Frank Davies
STORY LINK Pound to Dollar Weekly Exchange Rate Outlook: Lose-Lose Sterling Scenario?
Foreign exchange analysts at UBS have adjusted their forecasts and now expect the Pound to Dollar exchange rate (GBPUSD) will dip below 1.20 short-term before a move back to 1.29 by year-end.
ING expects GBP/USD to remain under pressure throughout the year with an end-year forecast of 1.19.
The dollar posted fresh 2-year highs at the beginning of the week, while Pound confidence…
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