FX Guys

Pound Sterling to Dollar Exchange Rate Forecasts Live: 1.18-1.25

June 30, 2024 – Written by Frank Davies

Danske Bank forecasts a Pound to Dollar (GBP/USD) exchange rate slide to 1.18 on a 12-month view.

Credit Agricole expects GBP/USD to be held at 1.25 at the end of 2024 before a significant recovery to 1.35 at the end of next year.

GBP/USD dipped to 6-week lows just below 1.2620 during the week and struggled to make more than a very limited recovery.

The dollar held a firm overall tone, especially with European political…
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