FX Guys

MUFG Pound to Dollar exchange rate forecast to Strengthen to 1.3250 by March 2025

August 4, 2024 – Written by David Woodsmith

MUFG forecasts that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.3250 in March 2025 and could see a peak of 1.3600.

Standard Chartered has a 3-month GBP/USD forecast of 1.30, but expects a retreat to 1.25 on a 12-month view as the dollar regains ground.

Volatility increased sharply during the week with major fundamental events and as well as a notable…
Read More