December 24, 2023 – Written by Frank Davies
Leave a comment STORY LINK Goldman Sachs: Pound Sterling Tipped at 1.35 vs Dollar in 12 months
Goldman Sachs now expects that the Pound will strengthen to 1.35 against the US Dollar by the end of 2024.
HSBC analysts, however, are forecasting that GBP/USD exchange rate will weaken to 1.18 by the third quarter of 2024.
There was choppy GBP/USD trading during the week with net gains to above 1.2700 as the dollar lost ground.
The UK data releases this week triggered a further shift in bank of England…
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